Cable / Telecom News

Netflix and Creative Canada: A good deal explained horribly (CORRECTED)

THE NINE MOST FRIGHTENING words in the English language are “I’m from the government and I’m here to help,” according to an old joke popularized by former U.S. president Ronald Reagan. It’s funny ’cause it’s true.Heritage Minister Mélanie Joly and her communications team must have forgotten this as they prepared for the announcement last week of her new Creative Canada policy framework (which offers some vision but punts many details down the field) – and augmented it with a shiny headline – the announcement Netflix will invest $500 million in Canada over the next five years.Beyond her speech and the...