Swiss citizens will soon vote on whether Netflix should pay towards the country’s cinema industry.
The law which is known as “Lex Netflix” will require the streaming giant to invest four per cent of its Swiss revenue back into the country for the production of Swiss films and TV.
It’s the same percentage that Switzerland requires all of its national distributors to re-invest into the country. For the national and regional distributors though, they also have to produce at least half of their content in Switzerland or Europe.
Source: How European countries are taxing Netflix to invest in cinema | Euronews