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Netflix to spend $500 million in the next 5 years on Canadian content

According to a report from CBC, Netflix is set to spend atleast $500 million over the next 5 years for funding original Canadian content.

This would perhaps benefit both Netflix as well as the federal government.

The Canadian government has been pressured by traditional TV providers for imposing a tax on the popular streaming service which would potentially contribute to the Canadian Media Fund (CMF).

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