U.S. streaming industry slams CRTC rules for Canadian content investment

“CRTC is targeting and taxing U.S. companies, putting up new, discriminatory trade barriers”

The CRTC wants large streamers to put 15 percent of Canadian revenue into Canadian content, and the biggest to route 30 percent of that spending through Canadian producers. Cable companies have paid into that system for decades without anyone calling it a trade barrier. Netflix and Disney took the subscriber money for years while contributing nothing, and now that the bill arrives they run it through the US Trade Representative. The Motion Picture Association’s line about already being the top foreign investor is an argument for why the requirement costs them little.