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Market
Impact on major foreign streaming services' operations in Canada by year-end 2024
5
Resolution / Starting Odds
Netflix sees increased Canadian investment • 25%
Amazon Prime Video scales back Canadian operations • 25%
Disney+ increases subscription prices in Canada • 25%
No significant impact • 25%
Company financial reports and public statements
Story
Canada Mandates Foreign Streaming Services to Contribute 5% Revenue to Local Media: CRTC
Jun 4, 2024, 02:00 PM
Canada has announced that online streaming services operating within the country will now be required to contribute 5% of their Canadian revenues to support the domestic broadcasting system. This new mandate, enforced by the Canadian Radio-television and Telecommunications Commission (CRTC), aims to bolster Canadian news and content production. The policy will apply to both domestic and foreign streaming platforms, ensuring a steady stream of funding for local media productions.
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Similar markets
Less than C$100M • 33%
C$100M to C$200M • 33%
More than C$200M • 33%
CBC Gem • 25%
Crave • 25%
Club Illico • 25%
Other • 25%
Significant profit • 25%
Moderate profit • 25%
Break-even • 25%
Loss • 25%
Increase in foreign investment • 33%
Decrease in foreign investment • 33%
No significant change in foreign investment • 34%
Increase • 33%
Decrease • 34%
No Change • 33%
Netflix • 25%
Spotify • 25%
Amazon Prime Video • 25%
Disney+ • 25%
Decrease • 33%
Remain the same • 34%
Increase • 33%
Significant reduction in operations • 33%
Minor adjustments to operations • 33%
No change in operations • 34%
Rogers launches competing service • 33%
Bell Media launches competing service • 33%
No new streaming services launched • 34%
Negative impact • 33%
No significant impact • 34%
Positive impact • 33%