Canada triples US streamers' financial contributions to Canadian content
Canada's federal broadcast regulator is requiring large online streaming services to contribute 15% of their Canadian revenues to Canadian content.
This new rule, announced Thursday, triples the initial 5% requirement set by the Canadian Radio-Television and Telecommunications Commission in 2024.
U.S.-based streamers like Apple and Amazon are challenging this in court.
Traditional broadcasters in Canada will see their contribution requirements lowered to 25%.
The CRTC expects these contributions to stabilize funding at over $2 billion for Canadian and Indigenous content.
The new rules apply to streamers and broadcasters with at least $25 million Canadian in annual revenues.
Cancon rules for streamers tripled
- CRTC says streamers must pay three times as much for Canadian content CTV News —
- Canadian regulator triples US streamers' financial contributions to Canadian content ABC News —
- Major Studios Slam Canada For Slapping “Discriminatory Investment Obligations” on U.S. Streamers The Hollywood Reporter —
- CRTC issues formal Canadian content rules for streamers, raises programming funding requirement The Globe and Mail —
- Heated $2B Requirements: MPA Livid As Canada Jacks Up Streamers’ Content Revenue Contributions Deadline —