The Canadian government has made a major announcement about the implementation of the Online Streaming Act, with implications for artists and music companies at home and abroad. The CRTC (Canadian Radio-television and Telecommunications Commission) has revealed that foreign streaming services with significant revenues will have to make base contributions to Canadian content. Streaming companies with no affiliation to Canadian broadcasters and over $25 million in annual contributions revenues will have to pay 5% of those revenues into specified funds. Related
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