Canada will invest in US streamers like Netflix instead of hiking payments
• Canadian Culture Minister Marc Miller announced that the government will stop plans to triple the financial contributions required from U.S. streaming services like Netflix for Canadian content. • Instead of hiking payments, the Canadian government intends to invest hundreds of millions of dollars directly into the domestic media sector. • The policy reversal follows pressure from the Motion Picture Association and the U.S. ambassador, who both urged the Canadian Cabinet to rescind the decision.
apnews.com

