Streaming services will invest 5% turnover in Dutch productions | News item

News item | 06-06-2023 | 16:29

Great streamingservices that are active in the Netherlands will invest 5% of their Dutch annual turnover in Dutch productions. The House of Representatives has approved a bill from State Secretary Gunay Uslu (Culture and Media). Thanks to this investment, more money will become available for making Dutch offerings.

With this measure, State Secretary Uslu wants to ensure that sufficient Dutch productions can also be seen at large ones streamingservices such as Netflix, disney+ and Videoland. Dutch stories are getting less and less space on these platforms, mainly due to growing budgets for foreign films, series and documentaries.

With this bill, the State Secretary wants to ensure that more series such as The Year of Fortuyn, The Terrible Eighties, Dirty Lines and The Golden Hour. And films such as Knor, Soof and Along the Way or wonderful documentaries like Shabu and Shadow Game.

€ 40 million extra for the Dutch film and television sector

The bill requires streamingservices with an annual turnover in the Netherlands of more than € 10 million to invest 5% of that turnover in Dutch productions. For example, such an investment entails that streamingservices themselves (co-)produce a Dutch title, or purchase and offer an existing, recent Dutch production. This will result in at least € 40 million in extra investments in the Dutch film and television sector.

Half of the investments must go to films, series and documentaries, the other half can go through the streamingservice itself, as long as it concerns a Dutch production. Investments in reporting sporting events or competitions are not covered by the bill. In the bill it has been decided that at least 60% of the productions must be made by an independent producer. In this way there is more variation in the supply and we strengthen the Dutch production sector.

The new law can enter into force after approval by the Senate.

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