The CRTC is another step toward the implementation of the Online Streaming Act that will require online streaming services to make what they call “meaningful contributions” to Canadian and Indigenous content.
In recent years, viewers have been abandoning traditional cable programming for online streaming platforms.
The CRTC has established a regulatory plan and launched four public consultations, including one on what base contributions online services must make to support the Canadian broadcasting system.
The regulator requires online streaming services to contribute 5 per cent of their Canadian revenue to support the Canadian broadcasting system. According to the CRTC, those obligations will start in the 2024-2025 broadcast year, and will provide an estimated $200 million per year in new funding.
The regulator received more than 360 detailed submissions during its consultation process.
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2024-06-05 09:34:00Z
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