Online Streaming Services Must Now Pay Into Fund for Canadian News, Content

Online Streaming Services Must Now Pay Into Fund for Canadian News, Content
A person navigates to the on-line social-media pages of the Canadian Radio-television and Telecommunications Commission (CRTC) on a cell phone in Ottawa on May 17, 2021. The Canadian Press/Sean Kilpatrick
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Online streaming services like Netflix and Spotify are being told they must start contributing money toward local news and the production of Canadian content.

The Canadian Radio-television and Telecommunications Commission has directed foreign streamers on June 4 to pay five percent of their annual Canadian revenues into a fund.