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Major music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radio (www.musicbusinessworldwide.com)
submitted 2 years ago by to c/canada@lemmy.ca
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[–] -3 points 2 years ago (2 children)

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

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  • [–] 8 points 2 years 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.

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  • [–] 3 points 2 years 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.

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