Netflix will increase its subscription price if the British streaming sample receives the green light.
The streamer did not punch in his response to the recommendation of the legislators for a streaming sample in the United Kingdom of 5%.
The committee influence culture, media and sport (CMSC) recommended the imposition of a 5% levy on the income of subscribers in the United Kingdom of streamers, and urged the government to intervene and to make this law if the industry does not act in a year.
If the levy to be taken, the deadline includes that the additional cost will be transmitted to consumers.
Responding to the committee’s investigation report, Netflix said in a statement that the United Kingdom is its “largest production center outside of North America – and we want it to remain.”
“But in an increasingly competitive global market, it is essential to create a commercial environment that encourages rather than penalizing investments, risk-taking and success,” added a spokesperson. “The samples decrease competitiveness and penalize audiences that have finally increased costs.”
Currently, the imposition of a 5% levy is unlikely.
Chris Bryant, the Minister of Creative Industries, told legislators in January “We have no plan” to present the levy, while applying an additional cost burden for American companies following Donald Trump prices can be considered a major demand when the British government seeks to maintain relations with the United States on a positive foot.
Netflix is also a major contributor to British ecology, which could recently be proven by the successful success of Adolescence, An original Netflix UK that was filmed in the United Kingdom. We revealed earlier during the day that a second season was in sight.
Other streamers previously testified to the CMSC and questioned the problem that a direct debit would try to resolve, “said the committee. The Association for Commercial Displayers and Services on demand (COBA), which represents the interests of major American players in the United Kingdom, argued that “ironically” (a direct debit) could actually damage PSB dramas by reducing co-production budgets in the streamers. “. We contacted Amazon and Disney, but neither commented the sample plans more.
“The streamers’ investment levels in the content of the United Kingdom are the desire for many countries,” added the COBA declaration, which underlined research that has revealed that there were 21 co-productions between streamers and British pubcassors in 2024. “A levy may harm this.”
The report occurred after a request of 18 months and also made recommendations in areas such as tax credits, artificial intelligence and financing of the BFI.
