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> New European laws are forcing governements to open those fundings to "Foreign Institutions", that's why they are making this move. They're making this move b
by culturestate 6y ago
> New European laws are forcing governements to open those fundings to "Foreign Institutions", that's why they are making this move.
They're making this move because the EU mandated[1] that locally produced content comprise at least 30% of their catalog. The subsidy expansion is a byproduct of that regulation.
1. https://www.engadget.com/2018-09-04-netflix-amazon-european-content-quota-eu-law.html https://www.engadget.com/2018-09-04-netflix-amazon-european-...