Netflix criticises Germany’s local reinvestment plan for streamers
Netflix and other streaming services have criticized a German plan that would require platforms to reinvest a share of their locally generated revenue into domestic film production. This proposal is part of efforts to support the local film industry, a model already adopted by other European countries like France, Denmark, and Sweden, though with varying rates and rules.
Key Takeaways
- Germany is considering a rule that would require streamers to reinvest a share of locally generated revenue into domestic film production.
- Netflix joined other streaming services in criticising the German plan on Thursday.
- France, Denmark and Sweden already require streamers to reinvest part of locally earned revenues into local production.
- The article says the reinvestment rates and rules vary across those European markets.
Why It Matters
The immediate effect is a potential new cost and compliance obligation for streaming platforms operating in Germany, tied directly to locally generated revenue. The proposal fits a broader European pattern: France, Denmark and Sweden already use local reinvestment rules to support domestic production, but with different rates and requirements. For StreamingMeme readers, the key signal to watch is whether Germany finalizes a specific reinvestment share and rule set, since that will determine how closely it aligns with the existing European models.
Read full article at msn.com
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