Spanish surprise for Netflix, HBO and YouTube

Foreign audiovisual services such as Netflix, HBO and YouTube face the prospect of having to allocate 1.5% of their income in Spain to help fund the public broadcaster RTVE.

El Economista reports that the requirement is contained in the new version of the Draft General Law on Audiovisual Communication, which has been modified and open to a second public hearing until July 12.

Source: Spanish surprise for Netflix, HBO and YouTube