Turbulent global economy could drive up prices for Netflix and rivals

In May, Mitchell Simons, Vice President of Public Affairs in Europe, the Middle East and Africa, questioned the benefits of the UK broadcasting tax upon speaking to the CMS committee.

He said at that time: “Where we saw the fees in other judicial states on the services, then we see inflation in the market. Local broadcasters, especially in places like Italy, found that prices have risen because there is a forced increase in spending, and others have suffered as a result.”

The threat of taxes is largely waving the broadcasting companies

Attention in the UK follows a tax on broadcasting services, other countries that recently pays similar fees to broadcasting providers.

For example, music flowers, such as Spotify, pay a 1.2 percent tax on broadcast revenue in France. Spotify blaming the tax on A. 1.2 percent of prices In the country issued in May. The France’s flow taxes are supposed to move towards the National Center of de la Museik.

Last year, Canada issued a 5 percent tax on Canadian broadcasting revenues that were stopped as companies including Netflix, Amazon, Apple, Disney and Spotify Battle in court.

Lawrence Chang, head of the Canadian Innovation Center and competitiveness at the IT and Innovation Technology Center, estimated The broadcasting tax by 5 percent would pay for an intermediate Canadian family an additional $ 40 annually.

A group of providers called the Digital Media Association Argue The Canadian tax “can lead to high prices of Canadians and less content options.”

“As a result, you may end up paying more for your favorite broadcasting services and controlling less what you can see or listen to,” says the Digital Media Association website.

The flow of companies that breathe them

The uncertainty about the American tariffs and its effects on the global economy also led to the transmission of slow companies is slower than expected in relation to the new interiors, technologies, integration, acquisition, and even business failures, Alan Wolk, co -founder and main analyst in TVREV, Indicate today. He said: “The rapid nature of the rapid release of executive orders from the White House” has a great impact on the media industry.

By BBC

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