B.C. Knowledge Network president raises concerns over Netflix deal
‘For all we know, it could be the value of its forgone taxes all these years,’ says Rudy Buttignol
September 29, 2017
The president and C.E.O. of B.C.’s Knowledge Network says the new deal between American streaming company Netflix and the federal government lets down Canada’s film industry.
Rudy Buttignol said the recent policy announcement allows Netflix to continue operations in Canada entirely tax free and outside regulations set by the Canadian Radio-television and Telecommunications Commission (CRTC).
On Thursday, federal Heritage Minister Mélanie Joly announced the internet streaming service will spend at least $500 million over the next five years to fund original Canadian productions.
After months of public consultation, Joly delivered the news as part of a speech where she outlined her vision for the future of Canadian content and cultural industries in the digital world.
In a conversation with CBC’s Stephen Quinn during On the Coast, Buttignol expressed his concern about the investment.
“Netflix has been enjoying the benefits of operating in Canada and it has never had any regulations,” said Buttignol.
Independents need control
Read More HERE
Search Puget Sound Radio
Popular Articles This Month
- Victoria Times Colonist to Abandon its own Printing…
- TSN 1040’s Bro Jake Announces His Sign-Off
- Jeff Brown of Q 107 Calgary heading to west coast…
- City TV Vancouver Announces Anchor Team for Return…
- News 1130 Weather: Russ in the AM, Soon Kuss in the PM
- Wesla Wong moves from Global Kelowna to the Star
- JJ Richards, Former C-FUN, CKDA News Director, Dead at 88
- Bill Good Sparks Questions as Voice of New…
- Canadian Actor in ‘Dallas’ &…
- The Okanagan Valley’s 10 best radio personalities