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Major music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radio
(www.musicbusinessworldwide.com)
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this post was submitted on 28 Sep 2024
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Does the CRTC do anything to help Canada at this point? They've allowed all telecoms/media to be merged down to 2 and a half entities. They've allowed cell and internet service prices to be the highest in the western world. They've forced CanCon rules that subsidize media monopolies while driving viewers to non-Canadian platforms. And now they are going to drive other services out of Canada at the request of those same media monopolies.
You think Spotify is going to pull out of Canada because they make $23.75m a year instead of $25m? 🙄🙄🙄
There are streaming services that already are not available in Canada because we are too small of a market to be worth the hassle. Increasing that hassle will not make the situation better.