The logos for streaming services Netflix, Hulu, Disney Plus and Sling TV are pictured on a remote control on Aug. 13, 2020, in Portland, Ore. AP Photo/Jenny Kane, File
Major television streaming platforms like Netflix and Disney will now be required to direct 15 percent of their annual Canadian revenues toward Canadian and indigenous content, the federal broadcast regulator has announced.
The new threshold triples the original five percent contribution requirement established by the Canadian Radio-Television and Telecommunications Commission (CRTC) in 2024. That policy is currently being challenged before the Federal Court of Appeal by major streaming and entertainment companies, including Apple, Amazon, Spotify and the Motion Picture Association-Canada. A ruling is expected soon, and the payments have been put on hold pending the court’s decision.
