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Stock impact report

Why did the CRTC forget that Canadian films exist? [Globe and Mail, The (Toronto, Canada)]

Dolby Laboratories (DLB) 
Last dolby laboratories earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.dolby.com
Last week, when the Canadian Radio-television and Telecommunications Commission announced that major foreign streamers would have to contribute 5 per cent of their annual domestic revenues to support the Canadian screen sector, you could practically hear the homegrown cheers in Dolby surround sound, so conditioned is the industry to instead receiving bad news. (Don't worry, there's still more than enough of that to go around , too!) As part of the Online Streaming Act (Bill C-11), any streamer with revenues of more than $25-million inside this country – such as Netflix, Disney+ and Prime Video – will have to soon contribute money to the Canada Media Fund, the Indigenous Screen Office, diversity-forward agencies such as the Black Screen Office, an independent local news fund and Canadian-certified independent production funds. But while Canada's small-screen storytellers are set to reap long-delayed and much-deserved rewards from the disruption caused by U.S. streaming giants, one m Show less Read more
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