National

Online streaming services must now pay into fund for Canadian news, content

Darpan News Desk The Canadian Press, 04 Jun, 2024 09:58 AM

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 profits 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 Canadian broadcaster that make at least $25 million from Canadian broadcasting.

The new directive is meant to level the playing field between tech giants and traditional broadcasters, which already contribute to producing Canadian content.

Prev Next

MORE National ARTICLES

Richmond RCMP execute search warrant for a fake lab, seize items such as blank ID cards and numerous computers

Richmond RCMP executed a search warrant at a residence of a suspected forgery lab. Items seized during the search included high end printers and laminators including those capable of forging security features in governmental identification and thousands of blank ID cards, and numerous electronic devices and computers.

Richmond RCMP execute search warrant for a fake lab, seize items such as blank ID cards and numerous computers

B.C. promises $50M to get at fire-damaged wood

The premier says the money would be funnelled through the Forest Enhancement Society of B.C., with the goal of keeping those in the industry working. The premier says the forestry industry is "clearly in crisis" and that means industry and government need to "find new ways of doing business."

B.C. promises $50M to get at fire-damaged wood

Feds to repatriate 19 Canadians from Syria: lawyer

Family members of the women and children, as well as four men, have been arguing in Federal Court that the government must arrange for their return, saying that refusing to do so violates the Charter of Rights and Freedoms.

Feds to repatriate 19 Canadians from Syria: lawyer

No deal without pharmacare bill, says NDP leader

New Democrat Leader Jagmeet Singh says if the Liberal government does not introduce a pharmacare bill in the House of Commons this year, he will consider it a deal-breaker. Both parties signed a confidence-and-supply agreement last March, in which the NDP agreed to support the minority Liberal government in key votes until 2025.

No deal without pharmacare bill, says NDP leader

Illegal border crossings at pre-pandemic levels

The frozen bodies of Jagdish Patel, 39; his wife Vaishaliben Patel, 37; their 11-year-old daughter, Vihangi; and their three-year-old son, Dharmik, were found on Jan. 19, 2022, near Emerson, Man., just metres from the U.S. border.

Illegal border crossings at pre-pandemic levels

Slide keeps residents out of Campbell River condos

An evacuation order was issued for the properties in the 700 block of Island Highway South after the slides came down Tuesday. No one was hurt, but the mud and debris demolished a ground-level covered parking area behind one of the condos.