Netflix & Amazon By Law Now Have to Fund More European Content

04.09.2018, Cord Cutters News. This week the European Union passed a new law to allow countries to force online streaming services including Netflix and to fund European films and TV shows. This deal expands the existing European Union’s broadcasting rules law to regulate Netflix and Amazon as if they are a traditional broadcast media service.

“We have been successful in negotiating that a similar level of protection now also applies to internet media services, as it does to the classical broadcast media services,” said Sabine Verheyen, the EU lawmaker who helped steer the legislation through the European Parliament.

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