London Daily
Focus on the big picture.

LONDON DAILY ARCHIVE

UK Government Formally Rejects 5% Levy on Streaming Services

Officials maintain support for mixed production funding model

03 July 2025 · 23:29 UTC

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.