Foreign streaming services challenge requirement to pay into fund for Canadian news

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Foreign streaming services challenge requirement to pay into fund for Canadian news
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Global streaming services such as Netflix and Disney Plus are challenging a regulatory directive under the Online Streaming Act to contribute money to Canada's broadcast sector, including for local news.

Global streaming services such as Netflix and Disney Plus are challenging a regulatory directive under the Online Streaming Act to contribute money to Canada's broadcast sector, including for local news.

The CRTC said streaming companies that are not affiliated with a Canadian broadcaster – and that make at least $25 million in Canadian revenue – would be required to pay into the fund, which is expected to inject about $200 million into the system every year. The CRTC said in a statement Friday that it will"continue to balance consulting widely with moving quickly to build the new regulatory framework," but declined to comment on the streamers' legal challenges as the case is before the court.

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