Spain remodels its audiovisual legislation in accordance with the European directive and with the community goal that new platforms such as Netflix, HBO or Amazon Prime Video assume the same or some obligations as traditional television operators.
The draft General Law on Audiovisual Communication provides that Spain requires service providers in this area to devote 5% of their income in the country to financing European audiovisual work, and at least 70% of that amount it would go to independent productions.
Any company that does not reach 10 million euros in turnover in the country would be exempt from this commitment.
The financing of European works is the only economic responsibility that will be required from Spain to the new platforms, since any other obligation must be established through the principle of country of origin, which, for example, in the case of Netflix is the Netherlands.
But Netflix wouldn't even have to shoulder that burden.
Its declared income in Spain in 2018 was 538,921 euros, clearly below the minimum amount of 10 million sales stipulated.
Other companies, such as YouTube, would not face these obligations either, as they are video exchange services and not audiovisual service providers such as those covered by this regulatory reform.
According to the criteria of The Trust Project
Know more
See links of interest
Last News
Election Results
Programming
English translator
Work calendar
Movies TV
Topics
Live, Rafa Nadal - Jordan Thompson
Omonia Nicosia - Granada CF
Real Sociedad - AZ
Alba Berlin - Barça
Villarreal - Maccabi Tel Aviv