To offset their risk on local content, Canadian TV networks increasingly urge local indie producers to chase foreign investment for their homegrown projects as domestic license fees drop. Against that market backdrop, the response from Ottawa to throw the Canadian industry a lifeline has been Bill C-10, proposed legislation to raise around $800 million annually from U.S. streamers like Netflix, Spotify and Disney+ as they become obligated to subsidize local Canadian film, TV and music product.
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