German government agrees on investment obligation for streamers and broadcasters (faz.net)

• Agreement on investment obligation of 8% of German revenue for streamers and broadcasters
• Annual film funding of 250 million euros secured
• Coalition reaches deal after months of debate

"The German federal government has reached an agreement with the CDU/CSU and SPD parliamentary groups on an investment pact for the German film industry. Streaming services and broadcasters will be legally required to invest 8% of their German revenue into local productions. An annual film funding of 250 million euros is also planned."