Netflix, Amazon face EU quota on European works

By Julia Fioretti BRUSSELS (Reuters) – Online video streaming services such as Netflix and Amazon Prime will be required to devote at least a fifth of their catalogs to European content under proposals set to be announced next week. The European Commission is planning an overhaul of the European Union's broadcasting rules to bring in EU-wide minimum quotas in a bid to boost the circulation and funding of European films and television shows. On-demand services will have to ensure they have at least a 20 percent share of European works in their catalog and ensure their "prominence", according to a draft of the proposed Audiovisual Media Services Directive seen by Reuters.

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