Latest in Entertainment

Image credit: Shutterstock

Netflix will spend over $400 million on Canadian content

It will also establish a permanent production presence in the country.
344 Shares
Share
Tweet
Share
Save

Sponsored Links

Shutterstock

Netflix will create a permanent production presence outside of the US for the first time with the establishment of Netflix Canada and a pledge to put over $400 million towards the development of Canadian programming. The money will be spent over the course of five years.

The streaming service has largely avoided the requirements put on Canadian content producers by the country's government. That has ushered in concerns over loss of Canadian content, worries over how to compete with streaming services and calls for streaming taxes -- the money from which has been proposed should go to fund Canadian programming. Canada briefly had its own Netflix rival -- Shomi -- but it went kaput last year. As of now, the country doesn't tax digital companies like Netflix and doesn't plan to anytime soon.

Netflix has worked with Canadian content creators previously. With the Canadian Broadcasting Corporation, it developed an Anne of Green Gables series, with a second season in the works. It also produced a miniseries with Canadian filmmakers Sarah Polley and Mary Harron based on the Margaret Atwood novel Alias Grace.

In a speech today, Canada's Heritage Minister, Melanie Joly, said the deal "signals a meaningful partnership in supporting Canadian creators, producers and Canadian creative work, and in bringing that work to millions of viewers around the world."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
344 Shares
Share
Tweet
Share
Save

Popular on Engadget

Engadget's 2019 Back-to-School Guide

Engadget's 2019 Back-to-School Guide

View
B&H sale cuts up to $350 off Apple's 2019 iMacs

B&H sale cuts up to $350 off Apple's 2019 iMacs

View
NVIDIA's latest GPU drivers pack a speed boost for 'Apex Legends'

NVIDIA's latest GPU drivers pack a speed boost for 'Apex Legends'

View
The latest 'Fortnite' weapon lets you drop heavy stuff on opponents’ heads

The latest 'Fortnite' weapon lets you drop heavy stuff on opponents’ heads

View
ThinkPad X1 Carbon review (2019): Sometimes it’s good to be boring

ThinkPad X1 Carbon review (2019): Sometimes it’s good to be boring

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr