By modernizing this framework, streaming services can now “make meaningful contributions to Canadian and Indigenous content.”
“Based on the public record, the CRTC is requiring online streaming services to contribute 5% of their Canadian revenues to support the Canadian broadcasting system. These obligations will start in the 2024-2025 broadcast year and will provide an estimated $200 million per year in new funding,” the Government of Canada said.
This funding will be “directed to areas of immediate need” such as local news on radio and television, French-language content, Indigenous content, and content created by and for equity-deserving communities, official language minority communities, and Canadians of diverse backgrounds,” the Government of Canada said.
Ahh, corporate welfare. For when you thought that socialism and fascism weren't quite bad enough in isolation, so figured to combine them into some Frankenstein social experiment.
https://archive.ph/RSQwM
Ahh, corporate welfare. For when you thought that socialism and fascism weren't quite bad enough in isolation, so figured to combine them into some Frankenstein social experiment.