This week the European Union struck a preliminary deal to allow countries to force online streaming services including Netflix and Amazon to fund European films and TV shows. This deal expands the existing European Union’s broadcasting rules law to regulate Netflix and Amazon as if they are a traditional broadcast media service.
“We have been successful in negotiating that a similar level of protection now also applies to internet media services, as it does to the classical broadcast media services,” said Sabine Verheyen, the EU lawmaker who helped steer the legislation through the European Parliament.
The EU member states they will have the option of requiring streaming services not based in that country but targeting their audience to contribute financially to the production of European works. This can be done by directly investing in them or paying into national funds. The bill still needs to be formally approved by both the European Parliament and EU member states. yet it is reported that that is at this point just a formality.
This is one more example of how online streaming is increasingly being seen and regulated like traditional pay TV services.
Did you know we now have a FREE app for iOS, Android, and Amazon Fire? Click HERE to download our app.
Subscribe to our YouTube channel for our live Q&A, weekly news recap, and more.
Follow us for more cord cutting news, tips, and reviews.
Plus, join our Tech Support Facebook Group for cord cutting support from our community.
Sign up for our newsletter
Get our weekly newsletter, the latest deals, and much more.