The EU wants to force Netflix and Amazon to show more European television
UGC-Fox Distribution
Amélie is one of France's most successful films in the US. Netflix could soon be forced to host a lot more content like it.
The paper has seen a draft of a European Commission proposal which is set to be announced next week. It will subject on-demand video platforms to the same rules at broadcasters - requiring them to ensure that 20% of the content they offer is European in origin, as national broadcast services already do.
Netflix and Amazon did not immediately respond to Business Insider's request for comment - though the former has expressed concerns. In a response to the proposals also seen by The Financial Times, it warned: "Rigid numerical quotas risk suffocating the market for on-demand audiovisual media services ... An obligation to carry content to meet a numerical quota may cause new players to struggle to achieve a sustainable business model."
It added: "The focus of European audiovisual media policy should be on incentivising the production of European content and not imposing quotas on broadcasters or other … providers who would struggle to meet the supply."
NOW WATCH: How to see everything Google knows about you
Next Story
US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
2 states where home prices are falling because there are too many houses and not enough buyers
A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
Markets rebound sharply on buying in bank stocks firm global trends
Bengaluru's rental income highest in Q1-2024, Mumbai next: Anarock report
Rupee falls 10 paise to settle at 83.48 against US dollar
