Netflix CEO in Israel to oppose production legislation
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Netflix CEO Ted Sarandos is in Israel and has achieved with President Isaac Herzog and Minister of Communications Yoaz Hendel at the president’s home in Jerusalem. Sarandos is making an attempt to encourage Hendel not to shift ahead with laws necessitating intercontinental streaming providers like Netflix to deliver first material in Israel.

Sarandos read what Israel is setting up on the issue and he spelled out that legislation could harm Netflix’s programs to develop expense in Israel. Netflix is concerned about the precedent and Sarandos sought to make clear how the enterprise is presently cooperating with community sector in acquiring articles and why laws could final result in lessened financial commitment.




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The prepared legislation follows the conclusions of the Folkman Committee that it results in unfair level of competition for Israeli Television set companies that are demanded to commit in unique productions, when the global streaming giants are not. Hendel advised Sarandos that the laws was intended to develop an equal enjoying area for Israeli and global businesses.

Sarandos’ visit was planned just before it was identified that the present-day Knesset was currently being dissolved. The Ministry of Communications had hoped that the new legislation would be element of the Economic Preparations Invoice that accompanies the 2023 spending plan but it is now unclear whether or not the laws can be enacted this 12 months.

Published by Globes, Israel business news – en.globes.co.il – on June 21, 2022.

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


