CRTC triples streamers’ financial contributions to Canadian content

By Anja Karadeglija Large TV streaming services like Netflix must contribute 15 per cent of their Canadian revenues to Canadian content, the federal broadcast regulator said Thursday. That’s three times the five-per-cent initial contribution requirement the CRTC set out in 2024, which is being challenged in court by major streamers, including Apple and Amazon. Contribution requirements for traditional broadcasters, which currently pay between 30 and 45 per cent, will be lowered to 25 per cent. “The total contributions are expected to stabilize the funding at more than $2 billion in support of Canadian and Indigenous content, such as French-language content and news,” the regulator said in a press release. The CRTC made the decisions as part of its implementation of the Online Streaming Act, which the U.S. has identified as…

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