Revenue reinvestment: Netflix criticises German plan to make streamers invest more locally - RTL Today
- Netflix and other streaming platforms have criticized a new German draft law approved by Chancellor Friedrich Merz's cabinet on Wednesday.
- The proposed legislation would compel streaming services to reinvest a specific share of their locally generated revenue back into domestic film and television production.
- This move aligns Germany with other European nations, such as France, Denmark, and Sweden, which already enforce similar reinvestment mandates to support local creative industries.
- The industry's pushback highlights a growing tension between global streaming giants and European governments seeking to protect and fund national cultural content.
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Latest Entertainment News: New & Upcoming Hollywood Movies, Bollywood Movies, OTT News and Reviews - Gadgets 360
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• A 21-year-old Austrian man has been found guilty of planning a terrorist attack at Taylor Swift's scheduled concerts in Vienna. • The defendant was convicted of plotting the assault and other terrorism-related offenses, following an investigation into his intentions to target the event.
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Read original · koreaherald.com
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Read original · nationthailand.com
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