Some of the most viewed Netflix series.
Taken from ABC
Video-on-demand services and internet audiovisual content platforms must allocate 5% of their turnover to finance European works (films and series), as private television channels already do, which will cause Netflix, HBO, Disney + or the corresponding branch of YouTube have to allocate this percentage of their income in our country for this purpose. This is stated in the Draft General Law on Audiovisual Communication which, at the proposal of Spain, is open to a public hearing for the agents involved to propose modifications until December 3.
This obligation applies to all platforms that bill more than ten million euros, although this information is not the same as that declared in the commercial register, and it will be the state authority that inquires about their real income, since both Netflix and HBO have a lower book turnover than is presumed. Furthermore, within this threshold, 70% must go to independent productions. When national turnover exceeds 50 million euros, at least 40% of what is destined for European works must be shot in any of the official languages of Spain.
The standard transposes the European directive of the branch, pending since 2018, and introduces certain novelties for these operators although it does not address others. The Secretary of State for Telecommunications and Digital Infrastructures points out that the text does not open the chapter on whether these companies should contribute to the support of television stations in Spain and other countries as requested by the sole administrator of the entity, Rosa María Mateo, so it must it will be the financing norm of public television that addresses this chapter.
For the moment, the proposal of the text depends on the analysis of the different global Ministries of Economy, so it leaves it in the hands of the countries of origin that the platforms meet other conditions such as that 30% of the catalog is of European work. In the case of those that operate from Spain, of this percentage, at least 50% will include Spanish-language productions.
This point, for example, will affect those platforms that have their headquarters in the Iberian Peninsula, but not the large ones in the sector, which operate from other countries, leaving subsidiaries of their European headquarters in our country. It will be these member states that will have to transpose the directive in their legal systems and ensure that they comply with the 30% requirement of the catalog, for example.
It will be the authority of each country that ensures compliance with these provisions, so that these platforms must register and it will be the body that can claim the relevant information on income and others. Advertising limits are also made more flexible, introducing time bands: compared to the current limit of twelve minutes per hour, it goes to 144 total minutes between 6:00 a.m. and 6:00 p.m. and 72 minutes between 6:00 p.m. and midnight: 00 hours.