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Hitting Rewind For Streaming Services: Canada Confirms Plan To End Base Contribution Requirement On Foreign Streamers
The Canadian government has announced its intention to eliminate the controversial 5% base financial contribution requirement imposed on foreign online streaming services by the CRTC in 2024, marking a dramatic reversal in broadcast sector regulation. This development comes amid ongoing Federal Court of Appeal proceedings and rising trade tensions with the United States, raising questions about the future of financial support for Canada's domestic film and television production industry.
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