Under new Online Streaming Act regulations, which take effect on Sept. 1, foreign streaming services that make over $25 million from Canadian broadcasting are required to contribute five per cent of those annual revenues to support traditional broadcasters. “We are disappointed by today’s decision and concerned by the negative impact it will have on Canadian consumers. We are assessing the decision in full, but this onerous and inflexible financial levy will be harmful to consumer choice,” said Amazon spokesperson Owen McCorquodale. (The Logic)

Talking point: The Canadian Radio-television and Telecommunications Commission, which is overseeing attempts to modernize the country’s broadcasting framework, said the levy will generate an estimated $200 million in new funding. It will be put toward “areas of immediate need” including local radio and television news and Indigenous content, among other parts of the country’s broadcasting system. Wendy Noss, president of the Canadian chapter of the Motion Picture Association, which represents Disney and Netflix, among others, called the regulations “discriminatory” and said they would make it harder for foreign streamers to work with Canadian creators. Both the Canadian Association of Broadcasters and ADISQ, which represents Quebec’s music industry, applauded the regulation.