CRTC's 5% base contribution decision met with Canadian praise, foreign concern

Foreign streamers say base contribution will make collaborations more difficult By Ahmad Hathout Foreign and standalone online streamers that make $25 million or more will be required to contribute five per cent of their previous year’s Canadian revenues into the system, an amount the CRTC said Tuesday would draw $200 million per year into supporting Canadian content. The regulator said it is prioritizing certain categories of content to the receive funds, including the expensive-to-produce local news on radio and television, and content catering to French-language, indigenous and minority communities. Of the five per cent, two per cent will go toward...