BRUSSELS—The European Union’s executive body on Wednesday proposed legal changes that could force Netflix Inc. and other online-video providers to help finance European-made films, a first step by the bloc to update its digital rules to account for rapidly growing Internet platforms. In its proposal updating the region’s audiovisual media and TV rules, the European Commission said member states can require on-demand services established in a different European country to fork out cash to finance production of its domestic...

Source: Wall Street Journal May 25, 2016 05:12 UTC