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This basically means that Netflix and other streamers are going to increase their prices.
by mikemitchelldev 2y ago
This basically means that Netflix and other streamers are going to increase their prices.
- dmix 2y agoYes it's just another tax on Canadian customers to fund the CBC et al and whatever diverse content means.
- nequo 2y agoThis idea is not new nor uniquely Canadian. The purpose of all public media is to make programming and reporting possible that is seen as socially valuable but an advertising/click/like-driven business model cannot sustain. The money for it needs to be diverted from somewhere. The UK has had TV licensing to fund the BBC: https://en.wikipedia.org/wiki/Television_licensing_in_the_United_Kingdom https://en.wikipedia.org/wiki/Television_licensing_in_the_Un...
- dmix 2y agoThat's great, almost no one is going to watch it still if they weren't already before. There's tons of existing subsidies that already at every level of gov. This isn't the 90s when they could force feed us bad Canadian produced TV shows on Canadian TV channels. Netflix gives people the choice of global content now and there's more opportunity and money floating around for young up and coming filmmakers than ever before.
- andrepd 2y agoPerfect, you have the choice of 1000s of bland AI-written slop and no local (or even national) independent press. Peachy. There is such a thing as a public good outside of the logic of The Market.
- morkalork 2y agoAgain
- deleted 2y ago[deleted]
- toomuchtodo 2y agoCompetitors can always licenses content and offer it at a lower rate. Netflix is blob storage and CDN, with a helping of a comedian production arm.
- gdsdfe 2y agoThe opposition doesn't seem to be smarter that's the real problem
- toomuchtodo 2y agoA business operating in a jurisdiction is a privilege. If you don’t like the rules, leave.
- bossyTeacher 2y agoNetflix can choose whether to increase prices. You can choose whether to pay Netflix. I know it sounds crazy but a Netflix sub is an optional item
- ryandrake 2y agoIf they could increase profitability by raising their prices before the tax, why wouldn’t they have already done it? Companies base their prices on what the market will bear, not necessarily on their costs.
- HaseebQ 2y agoBecause it wouldn't have increased profitability? See: https://en.m.wikipedia.org/wiki/Tax_incidence https://en.m.wikipedia.org/wiki/Tax_incidence
- csa 2y ago> If they could increase profitability by raising their prices before the tax, why wouldn’t they have already done it? Because now they have an external reason they can point to, similar to “inflation”… even if the extra charges end up being mostly profits.
- deleted 2y ago[deleted]
- rahimnathwani 2y agoIf one company in an industry faces higher costs, they may not be able to raise prices, as they would lose customers. If all companies in an industry suddenly face higher costs, that shifts the supply+demand equilibrium.
- Ajay-p 2y agoPublic funded news is a terrible idea because it's too easy to become corrupted by politics. This makes it easier for Netflix to raise prices, but it is what the people seem to want. Otherwise I guess we'll find out at the elections next year.
- andsoitis 2y ago> Public funded news is a terrible idea because it's too easy to become corrupted by politics. This makes it easier for Netflix to raise prices This argument is illogical. Netflix does not carry news, so how is that affected one way or another by public funded news?
- scosman 2y agoThis “idea” has been implemented for decades around the world with lots of success.