Major television streaming platforms like Netflix and Disney will now be required to direct 15 percent of their annual Canadian revenues toward Canadian and indigenous content, the federal broadcast regulator has announced.
The new threshold triples the original five percent contribution requirement established by the Canadian Radio-Television and Telecommunications Commission (CRTC) in 2024. That policy is currently being challenged before the Federal Court of Appeal by major streaming and entertainment companies, including Apple, Amazon, Spotify and the Motion Picture Association-Canada. A ruling is expected soon, and the payments have been put on hold pending the court’s decision.
CRTC Vice President of Broadcasting Scott Shortliffe said at a May 21 media briefing that the regulator will not stand still while the court challenge proceeds….