Victoria Watcher posted topic Online Streaming Act

lpoutine,

Victoria Watcher has just posted a new topic entitled "Online Streaming Act" in forum "Online Media".

----------------------------------------------------------------------
The Federal Court of Appeal says big streaming companies won't have to pay for Canadian content until the court hears their appeal of a CRTC decision ordering them to pay.
In June, the CRTC said that foreign streamers must contribute five per cent of their annual Canadian revenues to a fund devoted to producing Canadian content, including local TV and radio news.
Big global streamers like Netflix and Disney Plus launched court challenges of that order, which the regulator made under the Online Streaming Act. Earlier this month, the Federal Court of Appeal agreed to hear the case.
A judge said Monday the streamers won't have to make the payments, estimated to be at least $1.25 million each annually, until that court process plays out.
The parties have agreed to an expedited schedule, meaning the court hearing would take place in June before the bulk of the money is due in August.
The court decision notes that Amazon, Apple and Spotify have argued that if they make the payments, win the appeal and overturn the CRTC decision, they wouldn't be able to recover the money.
Justice Wyman Webb says having an accelerated schedule "mitigates the inconvenience arising from a possible delay in the payment," due on Aug. 31, 2025.
In a statement, the CRTC says that the Online Streaming Act, which became law in 2023, "requires the CRTC to modernize the Canadian broadcasting framework."


https://cheknews.ca/court-hits-pause-on-global-streamers-upcoming-canadian-content-payments-1230750/ (https://cheknews.ca/court-hits-pause-on-global-streamers-upcoming-canadian-content-payments-1230750/)
----------------------------------------------------------------------

The topic can be found here:
https://vibrantvictoria.ca/forum/index.php?/topic/7667-online-streaming-act/?view=getnewpost


You can unsubscribe at any time here: https://vibrantvictoria.ca/forum/index.php?/unsubscribe/Zm9ydW1zO2ZvcnVtczs0MzszNjI5OzM2Mjk7bGF1cmVuY2UucG91dGluZS52dnZ2QGJsb2dnZXIuY29t/

If you are not following any forums and wish to stop receiving notifications, uncheck the setting
"Send me news and information" found in 'My Settings' under 'Notification Options'.