Chris Bundas –
The CBC and Netflix have found themselves in a battle over funding of future Canadian content. The CBC wants the CRTC to require Netflix to subsidize the production of local programming.
In a submission to the CRTC, they argued that any “over-the-top” streaming service, similar to Netflix, earning more than $25 million a year in Canada should be required to pay into the Canadian Media Fund.
Netflix is standing strong, believing it should remain exempt from paying into the fund. In their own submission, the streaming service said a “Netflix tax” would force the company to raise membership prices for Canadians.
The CRTC is undertaking a thorough review of Canada’s broadcast regulations, in an effort to update them for the rapidly changing new media environment.