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| Trump and Canadian Prime Minister Carney |
The Motion Picture Association (members of which include all the major film studios and streaming companies) is heavily supporting the Republican-led, bipartisan 'Protecting American Streaming and Innovation Act'.
This piece of legislation takes aim at Canada's Online Streaming Act, a money grab, which forces U.S. digital media companies to finance, via cash payments, Canadian media content production.
The Trump administration aims to "counter Canada's digital trade barriers targeting American streaming companies and content producers."
The Canadian Act, passed in 2023, obligates U.S. digital platforms, like Netflix, Disney+, Amazon Prime, and even Spotify, to subsidize local Canadian film, TV, and music production. However, implementation has been held up by a Federal U.S. Court of Appeals.
Trump says he will sign the Act if passed by Congress, putting an end to the Canadian scheme.
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