Canadian regulator triples US streamers’ financial contributions to Canadian content

OTTAWA, Ontario (AP) — Canada’s federal broadcast regulator is requiring large online streaming services to contribute 15% of their Canadian revenues to Canadian content. This new rule, announced Thursday, triples the initial 5% requirement set by the Canadian Radio-Television and Telecommunications Commission in 2024. U.S.-based streamers like Apple and Amazon are challenging this in court. Traditional broadcasters in Canada will see their contribution requirements lowered to 25%. The CRTC expects these contributions to stabilize funding at over $2 billion for Canadian and Indigenous content. The new rules apply to streamers and broadcasters with at least $25 million Canadian in annual revenues.