Netflix Raises Its Voice on Impact of German Quota Plan

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Rhein-Neckar-Zeitung [Newsroom]Heidelberg (ots) - Germany is a lucrative market for Netflix, Disney and Co.. It is only logical that such streaming giants should now also invest part of their turnover here. Aggressive tax incentives and ... Continue reading here...Original content of: Rhein-Neckar-Zeitung, transmitted by news up-to-date

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The Federal Government wants to boost the German film industry. There are now additional millions of funding. In addition, international corporations will soon make a higher contribution.

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Eight percent of Netflix & Co.'s sales in Germany are to be in German productions from 1 January. It is not to be expected that the portals comply with the Federal Government's plan. And the customer probably does not care about the country of origin of a series.

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Streaming platforms are expected to invest some of their revenues in European and German productions, which the Federal Cabinet has now decided.

LVZ - Leipziger Volkszeitung

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At German film studios there was a temporary slump - production was elsewhere. Now Minister of Culture Weimer hopes for the turnaround and new blockbuster. With a clause that he did not want at all.