this post was submitted on 16 May 2025
78 points (98.8% liked)

Canada

9681 readers
675 users here now

What's going on Canada?

Related Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

Sorted alphabetically by city name.

🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer

💻 Schools / Universities

Sorted by province, then by total full-time enrolment.

💵 Finance, Shopping, Sales

🗣️ Politics

🍁 Social / Culture

Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca

founded 4 years ago
MODERATORS
otter@lemmy.ca
mp3@lemmy.ca
otters_raft@lemmy.ca
78
Big streamers argue at CRTC hearing they shouldn't have Canadian content obligations (www.cbc.ca)
submitted 1 day ago by HellsBelle@sh.itjust.works to c/canada@lemmy.ca
39 comments fedilink hide all child comments
 

A group representing major foreign streaming companies told a hearing held by Canada's broadcasting regulator on Friday that those companies shouldn't be expected to fulfil the same responsibilities as traditional broadcasters when it comes to Canadian content.

The Motion Picture Association-Canada, which represents large streamers like Netflix, Paramount, Disney and Amazon, said the regulator should be flexible in modernizing its definition of Canadian content.

The Canadian Radio-television and Telecommunications Commission (CRTC) is holding a two-week public hearing on a new definition of Canadian content that began Wednesday. The proceeding is part of its work to implement the Online Streaming Act — and it is bringing tensions between traditional players and large foreign streamers out in the open.

you are viewing a single comment's thread
view the rest of the comments
[–] Penny7@lemmy.ca 3 points 1 day ago

For every $1B (CAD) of revenue FROM CANADIAN SUBSCRIBERS ONLY they currently are supposed to allocate $50M (CAD) - that's that 5% that enkers shared from the article.

The revenue numbers I saw for 2024 had Canada and America lumped together as one region, and that was $17.17B (assuming USD here), overall revenue $39B (USD?). America always has higher revenue numbers than Canada so let's say $5B (CAD) came from Canadians then they'd need to allocate $250M (CAD) to their content creation.

In 2024 Netflix spent $16B (USD?) on creating content...I'd say that $250M (CAD) is doable. Hell, $500M (CAD) is doable if Canadians contributed $10B (CAD) to their coffers. ($500M (CAD) is almost $360M (USD) at today's exchange rate....)

I don't know about Paramount or Apple's numbers, but 5% of what CANADIANS give to any of them is more than doable.