Major music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radio - Music Business Worldwide
www.musicbusinessworldwide.com
Streaming services will be required to pay 5% of their Canadian revenue to support local content, including radio stations.
  • girlfreddy@lemmy.ca
    82·
    11 hours ago

    Because streaming is international while radio is local.

    If international sites wanna play their music in Canada, then they should pay for the privilege.

    • Smk@lemmy.ca
      24·
      10 hours ago

      I don’t understand why streaming services need to help radio stations. Are radio station sharing their profit as well ?

      • kent_eh@lemmy.caEnglish
        1·
        1 hour ago

        Are radio station sharing their profit as well ?

        They always have.

        And this **isn’t ** about streaming services helping radio stations, its about supporting Canadian content creators.

      • girlfreddy@lemmy.ca
        7·
        10 hours ago

        Under those rules, streaming services that are not Canadian-owned and have more than CAD $25 million (approx. USD $18.5 million) in revenue in Canada annually are required to pay 5% of that revenue into funds that subsidize Canadian content and creators.