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Canada demands 5% of revenue from Netflix, Spotify, and other streamers

Canada says $200M in annual fees will support local news and other content.

Canada has ordered large online streaming services to pay 5 percent of their Canadian revenue to the government in a program expected to raise $200 million per year to support local news and other home-grown content. The Motion Picture Association-Canada criticized the CRTC yesterday, saying the fee ruling "reinforces a decades-old regulatory approach designed for cable companies" and is "discriminatory." The fees "will make it harder for global streamers to collaborate directly with Canadian creatives and invest in world-class storytelling made in Canada for audiences here and around the world," the lobby group said.

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