Mandatory CanCon contribution could prompt investment cuts, Spotify tells CRTC ...Middle East

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Audio streaming platform Spotify says that requiring it to make a contribution aimed at supporting Canadian content could force the company to cut its existing investments in order to maintain its financial viability. Audio streaming platform Spotify says that requiring it to make a contribution aimed at supporting Canadian content could force the company to cut its existing investments in order to maintain its financial viability. As the CRTC continues its process of determining how to implement the federal Online Streaming Act, which received royal assent in April, representatives from the Sweden-based company told panellists at a hearing Wednesday that Canada is now in a unique position

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