Netflix and Spotify are set to face new regulations in Canada that require them to allocate 15% of their revenue towards local content production. This move is part of the Canadian government's efforts to promote domestic media and ensure that local creators receive adequate support. The regulations aim to enhance the visibility of Canadian content on these platforms, aligning with broader cultural policies. Both companies will need to adjust their financial strategies to comply with these new requirements.
Related Articles
Don't miss out on breaking stories and in-depth articles.