RIO DE JANEIRO, BRAZIL - The bill compelling streaming services such as Netflix, Amazon Prime Video and Now to invest in national content has been approved by the Culture Committee of the Chamber of Deputies. The text proposes that companies allocate at least 10 percent of their revenue to Brazilian productions.
The bill approved by the committee is a substitute to Bill 8.889/2017. proposed by deputy and rapporteur Benedita da Silva and submitted by deputy Paulo Teixeira. The text further establishes rules on how platforms should invest in national content.
At least 50 percent of the minimum amount expected . . .