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The point is right there in the first line. > Major online streaming services operating in Canada will be required to contribute 5% of their Canadian revenues
by Tiktaalik 2y ago
The point is right there in the first line.
> Major online streaming services operating in Canada will be required to contribute 5% of their Canadian revenues to support the domestic broadcasting system
Canada has a long history of mandating a certain amount of attention and money goes toward supporting Canadian content.
This seems entirely consistent with that.
In the past they were able to leverage Federal control over the airwaves to achieve this (eg. selling off spectrum) but with the internet they need to come up with new revenue models to achieve the same levels of support for Canadian content.