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Disney, Netflix and other streamers are fighting a proposed 5% tax on revenue earned in Canada to fund local news in the country. The Motion Picture Association-Canada has filed a suit to stop the Canadian Radio-television and Telecommunications Commission's tax proposal.
Netflix and Disney and other major US streaming services have asked a Canadian court to stop plans by authorities to force them to fork over 5% of their sales in the country to help finance local broadcast news and other domestic content.
Streaming platforms including Netflix, Disney and Paramount have launched court challenges to an order requiring them to help fund Canadian broadcasting, the Motion Picture Association said Thursday.
US streaming-service giants are asking a Canadian court to block Prime Minister Justin Trudeau’s new 5% tax on their revenues in the country, which is supposed to help fund local news. The Motion Picture Association-Canada - which represents studios including,