๐The Canadian Radio-television and Telecommunications Commission (CRTC) has mandated that online streaming services like Netflix and Spotify must contribute 5% of their annual Canadian profits to a fund dedicated to local news and Canadian content production. This new directive, aimed at companies earning at least $25 million from Canadian broadcasting, is expected to generate approximately $200 million annually. The fund will support local TV and radio news, Indigenous content, French-language programming, and diverse creators, creating a fairer competition between tech giants and traditional broadcasters who already fund Canadian content.โ . ๐๐จ๐ฒ๐จ๐ญ๐ & ๐๐จ๐ง๐๐ ๐๐๐ฐ ๐๐ง๐ ๐๐ฌ๐๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐๐ฌ ๐ ๐ซ๐๐ ๐ ๐๐ฌ ๐๐๐ซ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ฏ๐๐ซ๐ฒ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐๐ง๐จ๐ฃ ๐๐จ๐ฌ๐๐ฉ๐ก ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐๐๐ฅ๐๐ฌ ๐๐๐ง๐๐ ๐๐ซ +๐ (๐๐๐) ๐๐๐-๐๐๐๐ ๐ฆ๐๐ง๐จ๐ฃ.๐ฆ๐ฎ๐ค๐ค๐ฎ๐ง๐๐๐ง@๐จ๐ฉ๐๐ง๐ซ๐จ๐๐๐ญ๐จ๐ฒ๐จ๐ญ๐.๐๐ ๐ฐ๐ฐ๐ฐ.๐๐ซ๐๐ฆ๐ฉ๐ญ๐จ๐ง๐๐๐ฌ๐ญ๐ญ๐จ๐ฒ๐จ๐ญ๐.๐๐ ๐ ๐๐๐ซ๐ข๐ญ๐ข๐ฆ๐ ๐๐ง๐ญ๐๐ซ๐ข๐จ ๐๐ฅ๐ฏ๐, ๐๐ซ๐๐ฆ๐ฉ๐ญ๐จ๐ง, ๐๐ ๐๐๐ฌ ๐๐๐ @mukkadan.joseph . . #CRTC #CanadianContent #StreamingServices #Netflix #Spotify #LocalNews #IndigenousContent #mnm #malayalisnearmeapp #canadaupdate #canadanew
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