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Swiss voters look set to approve TV streaming funding law | Entertainment

Written by corres2

Swiss voters on Sunday looked set to back proposals to make global TV streaming services such as Netflix Inc Amazon and Disney invest some of their revenues generated in Switzerland into domestic film-making.

Some 58% of voters backed the proposal, according to early projections by broadcaster SRF, in one of three national votes held over the weekend under the Swiss system of direct democracy.

In the binding referendum on what is being called “Lex Netflix”, voters decided whether international streaming services must invest 4% of the revenue they make in Switzerland in local film production, as domestic broadcasters now do.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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