The 15% “TAX” headline is COMPLETE LIE. A misrepresentation - READ THE ARTICLE. It is NOT a TAX but a requirement that streamers spend 15% of Canadian revenue to PURCHASE or CREATE CANADIAN CONTENT. This is a Canadian content law. NOT A TAX.
The 15% “TAX” headline is COMPLETE LIE. A misrepresentation - READ THE ARTICLE. It is NOT a TAX but a requirement that streamers spend 15% of Canadian revenue to PURCHASE or CREATE CANADIAN CONTENT. This is a Canadian content law. NOT A TAX.
Rest of the world needs to do this too.
One thing I like is that the revenue from these taxes go explicitly to the threatened industries. So the more that Canadians stream US works, the more money there is for Canadian tv, movies and radio to compete. Too often, income like this is directed into a general revenue stream, leaving the threatened industries with the same or even less resources to compete with.
Yes, but no. Maybe we shouldn’t have streaming cartels at all. Just focusing on enabling content creators wherever they may be, for the sake of the content. You’d be hard pressed to find less deserving less capable stewards of content, than the ones currently stewarding it.
Honestly I wouldn’t care if content I make was shown for free to everyone in the world. As long as I had housing/health/food security and self determination. As would most creative people.
Not really. France did the same and we were flooded with the lowest tier crap ever because of that law: https://en.wikipedia.org/wiki/Toubon_Law
There is no solution to that problem though.
I’d genuinely take the lowest tier crap if it meant Canada’s media landscape wasn’t overwhelmed with American propaganda
Canada has had good local content laws for a few decades now. Because of the local content law in radio and television, we got Celion Dion and Bieber and Drake. Prior to that all the music was American or British. We have a lot of local shows now. It’s always cheaper for broadcasters/streamers to buy a license than ask someone to make/produce shows and buy them. This forces them to source locally and give local talent a chance.
Is this a selling point or…?
also, “The Great White North” on SCTV eh?
…and a 25% tarrif like our steel and aluminum.
Reciprocity.