New Republican-sponsored legislation backed by major Hollywood studios is taking aim at Canada’s Online Streaming Act, a law that forces U.S. digital giants to finance Canadian media content production.
The proposed Protecting American Streaming and Innovation Act, a bill introduced on Thursday in the House of Representatives by Pennsylvania Republican Lloyd Smucker, aims “to counter Canada’s digital trade barriers targeting American streaming companies and content producers,” the Congressman said in a statement on Thursday.
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Canada’s Online Streaming Act, which became law in 2023, obligates U.S. and other foreign digital platforms like Netflix, Disney+ and Spotify to subsidize local film, TV and music production, and has been applauded by Canadian content creators. Implementation of the Online Streaming Act has been held up by a Federal Court of Appeals challenge.
The Hollywood Reporter reached out for comment to Heritage Canada, the federal government department that regulates the
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