Major music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radio - Music Business Worldwide
www.musicbusinessworldwide.com
Streaming services will be required to pay 5% of their Canadian revenue to support local content, including radio stations.
  • girlfreddy@lemmy.ca
    0·
    2 months ago

    Under those rules, streaming services that are not Canadian-owned and have more than CAD $25 million (approx. USD $18.5 million) in revenue in Canada annually are required to pay 5% of that revenue into funds that subsidize Canadian content and creators.