Netflix balks at proposed levy on streaming services

By WNews 1 Min Read

Streaming giant Netflix says Canada’s telecommunications regulator should recognize the role it already plays in helping fund the country’s broadcasting industry and reject calls to mandate an additional payment from the company.

But if the Canadian Radio-Telecommunications Commission (CRTC) does move ahead with requiring foreign streamers to contribute money to Canada’s content system, Netflix said that burden should be no more than two per cent of annual revenues, in line with other jurisdictions.

The company appeared Thursday at a hearing that is part of the CRTC’s public consultations in response to the Online Streaming Act, which received royal assent in April.

The legislation, formerly

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