Swiss to vote on streaming tax, European border agency


A Netflix logo is shown on a TV screen ahead of a Swiss vote on a referendum called "Lex Netflix" in this illustration taken May 9, 2022. REUTERS/Denis Balibouse/Illustration

ZURICH (Reuters) - Swiss voters decide on Sunday whether to make global video streaming services support Swiss filmmakers and on spending more money on Europe's Frontex border security agency in a referendum that will test ties with the European Union.

In the binding referendum on what is being called "Lex Netflix", voters will say whether international streaming services must invest 4% of the revenue they make in Switzerland in local film production, as domestic broadcasters now do. In addition, 30% of streaming services' content would have to consist of films or series produced in Europe.

11.11 Flash Sale! Get 40% OFF Digital Access!

Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

US jury says Apple must pay Masimo $634 million in smartwatch patent case
Opinion: How to save Wikipedia from AI
Google ad tech antitrust trial closing arguments moved back
Apple intensifies succession planning for CEO Tim Cook, FT reports
Here’s why Google is warning you to avoid using public WiFi at all costs
Apple dropped a new iPhone accessory. The Internet can’t decide if it’s whimsical or a ‘piece of cloth’
Google plans $40 billion Texas data center investment amid AI boom
Berkshire reveals new $4.3 billion Alphabet stake, sells more Apple
Tiger Global slashes Meta stake by 63%
JPMorgan secures deals with fintech aggregators over fees to access data, CNBC reports

Others Also Read