Internet streaming service Netflix will spend at least half a billion dollars over the next five years to fund original Canadian productions, CBC News has learned. Canadian broadcasters, for example, have to fulfil a quota of Canadian content they put on the air. It also raises questions about exactly how much new Canadian content this Netflix commitment will generate, beyond what the company would have produced anyway. Outside the Canada Media FundThe money would not be contributed to the Canada Media Fund but would exist outside the fund. Netflix already produces some original Canadian content, including its co-production with CBC Television of Anne, based on the Anne of Green Gables novels.

Source: CBC News September 27, 2017 21:44 UTC