Ottawa on Tuesday proposed changes to Canada’s broadcasting regulatory framework that would see it applied to booming online streaming platforms and might require them to contribute cash to support Canadian storytelling.
If passed by parliament, the amendment to the Broadcasting Act would empower the Canadian Radio-television and Telecommunications Commission (CRTC) to apply the same rules as traditional broadcasters to platforms such as Netflix, Amazon Prime and Spotify.
It might also compel them to contribute to a fund that supports the creation, production and distribution of Canadian music, film and television, which the government estimates could raise as much as C$830 million (US$625.6 million) by 2023.
“One system for our traditional broadcasters and a separate system for online broadcasters doesn’t work,” Minister of Canadian Heritage Steven Guilbeault told a news conference.
“Our government believes that everyone who benefits from the system should contribute to it fairly,” he said.
However, critics said that the legislative changes do not go far enough.
“The new Broadcasting Act ... is a mess,” tweeted Canadian lawmaker Alexandre Boulerice, of the opposition New Democratic Party.
He accused the government of having “surrendered to Big Tech without a fight.”
The Broadcasting Act has not been updated since 1991 — prior to the advent of the Internet, and Canadian Prime Minister Justin Trudeau’s minority Liberal Party government has been under pressure by Canadian broadcasters to tax Netflix and others to level the playing field.
A government briefing document said that 62 percent of Canadian households now subscribe to Netflix, which last year generated C$1 billion in revenues in Canada.
At the same time, the revenues of traditional radio and television broadcasters are stagnating or declining, along with their contributions to the Canadian content fund.
Guilbeault said that some of the streaming platforms are already spending on Canadian music, television and film productions, but their contributions are only voluntary.
Netflix, for example, in 2017 announced that it would spend C$500 million or 5 percent of its global production budget to make original films and television shows in Canada.
The CRTC, is expected to sort out how the funding requirements would be applied to streaming services over the coming year, Guilbeault said.
User-generated content, online news and video games, would not be subjected to the new rules, the Canadian government said.
BYPASSING CHINA TARIFFS: In the first five months of this year, Foxconn sent US$4.4bn of iPhones to the US from India, compared with US$3.7bn in the whole of last year Nearly all the iPhones exported by Foxconn Technology Group (富士康科技集團) from India went to the US between March and last month, customs data showed, far above last year’s average of 50 percent and a clear sign of Apple Inc’s efforts to bypass high US tariffs imposed on China. The numbers, being reported by Reuters for the first time, show that Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to nations including the Netherlands and the Czech Republic. During March to last month, Foxconn, known as Hon Hai Precision Industry
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and the University of Tokyo (UTokyo) yesterday announced the launch of the TSMC-UTokyo Lab to promote advanced semiconductor research, education and talent development. The lab is TSMC’s first laboratory collaboration with a university outside Taiwan, the company said in a statement. The lab would leverage “the extensive knowledge, experience, and creativity” of both institutions, the company said. It is located in the Asano Section of UTokyo’s Hongo, Tokyo, campus and would be managed by UTokyo faculty, guided by directors from UTokyo and TSMC, the company said. TSMC began working with UTokyo in 2019, resulting in 21 research projects,
Ashton Hall’s morning routine involves dunking his head in iced Saratoga Spring Water. For the company that sells the bottled water — Hall’s brand of choice for drinking, brushing his teeth and submerging himself — that is fantastic news. “We’re so thankful to this incredible fitness influencer called Ashton Hall,” Saratoga owner Primo Brands Corp’s CEO Robbert Rietbroek said on an earnings call after Hall’s morning routine video went viral. “He really helped put our brand on the map.” Primo Brands, which was not affiliated with Hall when he made his video, is among the increasing number of companies benefiting from influencer
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) yesterday expressed a downbeat view about the prospects of humanoid robots, given high manufacturing costs and a lack of target customers. Despite rising demand and high expectations for humanoid robots, high research-and-development costs and uncertain profitability remain major concerns, Lam told reporters following the company’s annual shareholders’ meeting in Taoyuan. “Since it seems a bit unworthy to use such high-cost robots to do household chores, I believe robots designed for specific purposes would be more valuable and present a better business opportunity,” Lam said Instead of investing in humanoid robots, Quanta has opted to invest