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Canadian regulator triples US streamers financial contributions to Canadian content

OTTAWA, Ontario (AP) — Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country's federal broadcast regulator said Thursday. That figure is three times the 5% initial contribution requirement the Canadian Radio-Television and Telecommunications Commission, CRTC, set out in 2024, which is being challenged in court by U. S. -based major streamers, including Apple, Amazon and Spotify. The CRTC made the decision as part of its implementation...

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