Netflix, Amazon and other online streaming services will have to dedicate 30% of their output to TV shows and films made in Europe, which they must subsidise, under the terms of a new EU law agreed in Brussels on Thursday. The law falls into a longstanding tradition of EU lawmakers protecting European film and drama against the encroachments of Hollywood and US TV and online shows. Under the law, platforms need to create a “transparent, easy-to-use and effective mechanism” to allow users to report hateful content. The law has to jump over several procedural hurdles before it is passed, a process not expected to be completed until September. Legislators hope for agreement between European ministers and MEPs on the law by early next year, which would see the law come into effect from autumn 2019.

Source: The Guardian April 26, 2018 12:52 UTC