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Canada’s CBC Launches Live TV Streaming Service

Canadian public broadcaster, CBC has launched an (Over-the-Top) OTT video service, that offers live content and other original series on digital devices. The service also comes in an ad-free version at $4.99 per month, to compete against Netflix and other streaming giants. AS reported by Hollywood Reporter, CBC Executive VP English Services, Heather Conway said, …

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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 …

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