UK Government Formally Rejects 5% Levy on Streaming Services
Officials maintain support for mixed production funding model
The UK government has formally rejected a proposed 5% levy on streaming services’ local revenues, arguing it would risk harming investment in the country’s creative industries.
Officials reiterated their commitment to a mixed ecology funding model that combines public support with private investment to maintain a thriving film and television production sector.
Officials reiterated their commitment to a mixed ecology funding model that combines public support with private investment to maintain a thriving film and television production sector.
