Netflix pitches contributions tied to planned spend, 2% tops if base required

By Ahmad Hathout OTTAWA – Netflix floated the idea Thursday that the commission could tie any required foreign financial contribution to Canadian content funds to planned investments rather than previous year’s revenues to encourage spending in the country. “Rather than tying the percentages to revenue them to expected expenditure or planned expenditure, and so every dollar you earn doesn’t necessarily translate into a trade-off between operating income or profit and contribution to the system,” said Dean Garfield, the streaming company’s vice president of public policy. “It creates that incentive to actually invest and grow without worrying that, ‘oh as I...