U.K. Streaming Tax? Netflix Responds: “Incentivize Rather Than Penalize Investment and Success”
Global streaming giants didnt mince their words on Thursday when they reacted to a call from a U.K. parliamentary committee for a levy of 5 percent of U.K. subscriber revenue on foreign streaming services, including the likes of Netflix, Amazon, Apple TV+ and Disney+, to help finance British drama production. In a statement, Netflix highlighted that the U.K. is the...
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