From Catherine Cullen of CBC News:
Link: Netflix to commit $500M over 5 years on new Canadian productions: sources
Internet streaming service NetflixÂ will spend at leastÂ half a billion dollars over the next five years to fund original Canadian productions,Â CBC News has learned.
The funding will officially be announced tomorrow by Heritage Minister MÃ©lanieÂ JolyÂ as part of a speech unveilingÂ her vision for Canadian content and cultural industries in the digital world. It comes after months of public consultations, which were held last year. Continue reading.