Netflix CEO Ted Sarandos is in Israel and has achieved with President Isaac Herzog and Minister of Communications Yoaz Hendel at the president’s residence in Jerusalem. Sarandos is making an attempt to encourage Hendel not to shift ahead with legislation requiring worldwide streaming companies like Netflix to make primary content in Israel.

Sarandos heard what Israel is arranging on the situation and he described that laws could harm Netflix’s ideas to increase expense in Israel. Netflix is involved about the precedent and Sarandos sought to demonstrate how the organization is presently cooperating with area marketplace in acquiring content and why legislation could end result in lessened investment.




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The prepared legislation follows the conclusions of the Folkman Committee that it results in unfair competitiveness for Israeli Television providers that are needed to invest in initial productions, while the intercontinental streaming giants are not. Hendel informed Sarandos that the legislation was built to make an equivalent participating in field for Israeli and international organizations.

Sarandos’ stop by was prepared prior to it was regarded that the latest Knesset was staying dissolved. The Ministry of Communications experienced hoped that the new laws would be section of the Financial Preparations Monthly bill that accompanies the 2023 price range but it is now unclear regardless of whether the legislation can be enacted this calendar year.

Released by Globes, Israel organization information – en.globes.co.il – on June 21, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


