[Weitz]

Originally Posted by opendoor

The same thing happened in Australia in 2021 and eventually the companies coughed up some money for a revenue sharing agreement. It has been heralded as a resounding success there:

https://financialpost.com/telecom/me...ay-for-content

https://www.aljazeera.com/economy/20...news-a-success


And the EU is contemplating similar action. I guess we'll see if the companies do something similar in Canada to what they did in Australia. It's estimated that the new deals brought in $200M into the industry in the first year there.

The cbc article I read said that C-18 doesn’t allow the deals that were made in Australia. So I don’t think that’s coming.