this post was submitted on 28 Sep 2024
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[–] Smk@lemmy.ca -3 points 3 months ago (2 children)

I don't understand why streaming services need to help radio stations. Are radio station sharing their profit as well ?

[–] girlfreddy@lemmy.ca 8 points 3 months ago* (last edited 3 months ago)

Under those rules, streaming services that are not Canadian-owned and have more than CAD $25 million (approx. USD $18.5 million) in revenue in Canada annually are required to pay 5% of that revenue into funds that subsidize Canadian content and creators.

[–] kent_eh@lemmy.ca 3 points 3 months ago

Are radio station sharing their profit as well ?

They always have.

And this **isn't ** about streaming services helping radio stations, its about supporting Canadian content creators.