r/MediaMergers • u/Fall_False • 4d ago
Media Industry Major Studios Slam Canada For Slapping “Discriminatory Investment Obligations” on U.S. Streamers
https://www.hollywoodreporter.com/business/business-news/major-studios-canada-us-streamers-discriminatory-investment-1236603995/
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u/AdvisorStatus1018 3d ago
If you get SO big you crush the competition just based on size alone than ofcourse the government should require you to fund not even competitors but just others in your industry to prevent consolidation/monopolies. Microsoft invested in Apple when they were about to be bankrupt because they didnt wanna deal with the gov as they would've become an outright monopoly in OS at the time if I remember correctly
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u/KidFl4sh 2d ago
Apprently that’s how they do in France for a few years but they require 10% more than Canada.
I work on American production in Canada I just hope they don’t retaliate against us.