OTTAWA — Online streaming services like Netflix and Spotify are being told they must start contributing money toward local news and the production of Canadian content.
The Canadian Radio-television and Telecommunications Commission has directed foreign streamers today to pay five per cent of their annual Canadian revenues into a fund.
That fund will be devoted to producing local TV and radio news, Indigenous content, French-language content, and content created by those with a diverse background.
The CRTC says the fund is expected to inject about $200 million into Canada’s broadcasting system every year.
Those responsible to pay would be companies that are not affiliated with a
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