New Fee for Streaming Companies Serves Canadian Interests at Americans’ Expense: US

American streaming companies are being unfairly targeted by a new Canadian fee that “disproportionately” serves interests north of the border, the United States is charging. This week, the Canadian Radio-television and Telecommunications Commission directed foreign streaming companies such as Netflix and Spotify to put five per cent of their Canadian revenues toward local news and Canadian content. Members of the U.S. Congress and trade organizations have raised concerns over the mandate, saying it discriminates against American companies. Some organizations are floating the idea of retaliation. The U.S. Embassy in Ottawa said it is watching developments around the Online Streaming Act closely. The new fee was ushered in as part of a regulatory process to implement the Liberal government legislation....