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Canada Targets Streaming Services With Cultural Levy

Canada Targets Streaming Services With Cultural Levy

Canada proposes to compel online streaming services to set aside part of their revenue to fund domestic television and music production as the governm

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Canada proposes to compel online streaming services to set aside part of their revenue to fund domestic television and music production as the government looks to force global digital players to make a bigger contribution to the local economy.

The move, unveiled Tuesday by Canadian officials, would also order streaming services such as Netflix Inc., Amazon.com Inc.’s Prime Video, Walt Disney Co.’s Disney+, and Spotify Technology SA to meet certain Canadian-content requirements, such as more programming to serve the country’s…

This post first appeared on wsj.com

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