Cable / Telecom News

ANALYSIS: With $500 million for Cancon from Netflix, questions abound…

Like, will broadcaster rules now apply to the streamer?REPORTS LATE MONDAY said that the centrepiece of Heritage Minister Mélanie Joly’s 17-months-in-the-making strategy to energize, or backstop, the production of Canadian content in our always-on-and-everywhere digital age is that she has secured a commitment from Netflix to spend $500 million over five years “on the production and distribution” of Canadian content.On the face of it, this is welcome news. Who in the creative industries wouldn’t like to see another $100 million spent annually on Cancon?However, I hope this plan, which Minister Joly will officially announce in Ottawa today, has a whole...