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Netflix expected to pay up to EUR200 million a year to fund French film industry, Bachelot says

By Arezki Yaïche and Matthew Newman ( December 17, 2020, 13:35 GMT | Insight) -- Netflix is expected to pay up to 200 million euros a year as part of France's pending decree implementing the transposition of the EU broadcasting rules into the country's law, culture minister Roselyne Bachelot said today. Netflix, Disney Plus, Amazon Prime and other streaming platforms operating in France — not obliged until now to back the movie industry — will have to pay each year a contribution of 20 to 25 percent of their annual sales in the country once the decree is published.Netflix is expected to pay up to 200 million euros a year as part of France's pending decree implementing the transposition of the EU broadcasting rules into the country's law, culture minister Roselyne Bachelot said today....

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