Ottawa plans to end 'Netflix tax,' replace with public Canadian content funding: document
The Canadian government is moving to eliminate the "Netflix tax," which required online streaming services to contribute financially to Canadian content. This change, revealed in a recent court document, aims to replace the financial contributions mandated by the CRTC with direct government funding for Canadian content. This move signifies a significant shift in how Canada supports its local artists and cultural industries, potentially providing more stable and substantial funding. The decision could reshape the streaming landscape in Canada, fostering greater investment in homegrown content.
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