Netflix tax plan on video streaming services coming soon to EU—report

According to a 32-page draft of the Audiovisual Media Services Directive obtained by Politico, European Union member states would be able to “impose financial contributions [direct investments or levies allocated to national film funds] to on-demand services in their jurisdictions.” In addition, the European Commission hopes to see 20 percent of on-demand video streaming services’ catalogues offered within the EU deriving from European productions. – Glyn Moody, Ars Technica