Netflix Accelerates Canadian Investment as Streaming Competition Heats Up

  • 📰 THR
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Netflix's $400 million film and TV spending commitment to Ottawa has been met three years ahead of schedule.

Netflix on Thursday said it has met a $400 million Canadian film and TV investment commitment three years ahead of schedule.

Netflix has drawn fire from local broadcasters and cultural groups for its agreement with Ottawa sparing the U.S. media giant fiscal and local content obligations already imposed on Canadian broadcasters and cable operators.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well, at least they’re trying to cut production costs. That’s a slight move in the correct direction.

Well, at least they’re trying to cut production costs. That’s a slightly move in the correct direction.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines