Denmark hits streaming services with levy to support local TV


FILE PHOTO: A Netflix logo is shown on a TV screen ahead of a Swiss vote on a referendum called "Lex Netflix" in this illustration taken May 9, 2022. REUTERS/Denis Balibouse

COPENHAGEN (Reuters) - Lawmakers in Denmark have agreed global TV streaming services such as Netflix, Amazon and Disney must pay a levy of 6% of their revenue in the country to support local TV production.

The bill, which was agreed on Saturday, comes as governments across Europe try to secure support for local TV and film production following the rapid rise in the popularity of streaming services.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

India's push for home-grown satellite constellation gets 30 aspirants
Google Search has a surprise in store for 'Squid Game' fans
Blogs to Bluesky: social media shifts responses after 2004 tsunami
Singapore pulls ahead of Hong Kong in race to be crypto hub
Telegram profitable for first time after app pays down debts
AI in finance is a promising but perfectible technology
Trump's TikTok love raises stakes in battle over app's fate
AI will eavesdrop on world's wildest places to track and help protect endangered wildlife
The Internet is rife with fake reviews. Will AI make it worse?
Secretive game developer codes hit 'Balatro' in Canadian prairie province

Others Also Read