Netflix to invest CAD 500 mln into original Canadian content

Friday 29 September 2017 | 10:53 CET | News
Canadian Heritage Minister Melanie Joly has announced a government initiative to promote Canadian cultural productions and their export abroad, CBC reported, adding that the minister has called on global players like Netflix and Facebook to participate. Joly said Netflix has committed CAD 500 million to fund Canadian productions over the coming five years and to build a permanent production presence in the country. Money will also go on French-language content. The minister said the pledge was the biggest investment in Canadian content from a foreign company in the last 30 years. Joly said

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: Facebook / Netflix
Countries: Canada
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Netflix: race tegen de klok, geheel in Hollywood-stijl

Published 17 Oct 2017 15:24 CET | World
In volgorde van belang kijken we eerst naar de contentproductie en de kosten daarvan, vervolgens naar de abonnees en ten slotte ...

MTG announces Danish-New Zealand original serial 'Straight Forward'

Published 17 Oct 2017 12:51 CET | Sweden
Modern Times Group (MTG) said its MTG Studios arm is producing comedy-drama crime serial called 'Straight Forward', to be filmed ...

Netflix hikes prices for first time in two years

Published 06 Oct 2017 09:21 CET | World
Netflix has announced that it will be raising prices in countries including the US and the UK for the first time in two years. In ...