EU strikes deal forcing Netflix, Amazon to fund European content
April 26 2018 07:07 PM
Netflix and Amazon

Reuters/Brussels

EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries to force online streaming services including Netflix and Amazon's video service to help fund European films and TV shows.

The new rules are part of an overhaul of the European Union's broadcasting rules and include a quota of 30 percent for European works on video-on-demand platforms, the European Parliament said.

Video-sharing platforms like Google's YouTube and Facebook will also have to take measures against content ‘inciting violence, hatred and terrorism.’

Online platforms will need to create a ‘transparent, easy-to-use and effective mechanism to allow users to report or flag content.’

‘We have been successful in negotiating that a similar level of protection now also applies to internet media services, as it does to the classical broadcast media services,’ said Sabine Verheyen, the EU lawmaker who helped steer the legislation through the European Parliament.

The revised rules will apply to traditional broadcasters as well as to video-on-demand platforms and live streaming online.

EU member states will have the option of requiring streaming services not based in that country but targeting their audience to contribute financially to the production of European works, such as by directly investing in them or paying into national funds.

Under the current rules member states can only make on-demand services based in their jurisdiction pay into European content.

Thursday's agreement still needs to be formally approved by both the whole European Parliament and EU member states.



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