Radio / Television News

EU adopts Netflix quota. Is taxing it in Canada a matter of when, not if?

JURISDICTIONS AROUND THE world are moving to make sure foreign over-the-top media companies such as YouTube, Netflix and Amazon contribute to their local economies.The latest move came last week when the European Union finalized a new directive requiring Netflix and others like it to ensure 30% of its library is stocked with made-in-Europe TV shows and films. On top of that, the EU’s new rules will require streamers to invest in locally made content.The EU already has regulations on the books which ensure its member country media companies invest in and display quotas of locally-made films and TV shows and...