Canada

Online streaming services must hand over 5% of domestic revenues, CRTC says

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Online streaming services operating in Canada will be required to contribute 5 per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator said on Tuesday.

Money will be used to boost funding for local, Indigenous broadcasting, per briefing

Online streaming services operating in Canada will be required to contribute five per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator said on Tuesday. (Said Marroun/Shutterstock)

Online streaming services operating in Canada will be required to contribute five per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator said on Tuesday.

In a briefing, officials from the Canadian Radio-television and Telecommunications Commission said the money would be used to boost funding for local and Indigenous broadcasting. The measure would raise roughly $200 million a year, they said.

More to come.

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