The matter was sent to the Lower House; Senate committee authorized charges on platforms to foster local film industry
04/17/2024
The Senate’s Committee on Economic Affairs approved on Tuesday (16) a bill that regulates streaming services in Brazil. The matter will now be analyzed by the Lower House.
The text determines that streaming companies are charged up to 3% for the Contribution to the Development of the National Film Industry (CONDECINE).
The new rules also extend to platforms for sharing audiovisual content and to platforms that offer television channels on online services.
The wording also makes it clear that the provisions of the law must be applied to companies that offer the services to Brazilian users, “regardless of the location of their headquarters or the infrastructure for the provision of the service.”
The text cites the “valorization of Brazilian audiovisual content,” including independent content. For this, the bill foresees minimum amounts of Brazilian audiovisual content in the streaming services, which vary according to each one’s catalog. Compliance with the new legislation, if approved, can be gradual and completed in up to eight years.
By the final wording, streaming platforms with up to 2,000 shows must reserve 200 for Brazilian audiovisual content; those with 3,000 shows must reserve 150; those with 5,000 must reserve 250; and those with 7,000 must reserve 300.
If the analysis is completed, the economic agents providing the video-on-demand service, audiovisual content-sharing platforms, and internet application television providers must apply for accreditation before regulator ANCINE within 180 days after the start of offering the service to the Brazilian market.
*Por Julia Lindner — Brasília
Source: Valor International