Streaming Levy: Weimer Plans to Force Netflix & Co. into Million-Euro Investments (heise.de)
- Draft law requires streaming services to invest 8% of German revenue in local content.
- Applies to providers with annual German revenue over €10 million.
- Industry split: producers support, streaming services warn of price hikes.
"German Culture Minister Claudia Weimer has proposed a law requiring video-on-demand services like Netflix, Amazon Prime, and Disney+ to invest eight percent of their German revenue into local content production. The aim is to strengthen Germany's film and television industry and reduce reliance on American productions. The rule would apply to providers with annual revenues exceeding €10 million. The industry is divided: producers' associations welcome the initiative, while streaming services warn of higher costs and potential price increases for consumers. The draft is still being coordinated with coalition partners and the Federal Ministry of Economics."
no comments yet.