French TV channels seek protection from Google, Netflix
Waylan Choy stashed this in Publishing, & Media (Industry)
Canal+ is pretty notable... and in many ways, the diversification of media; and the anti-export of an American monopolization of media should be a legitimate cause. I think so anyway.
they were also concerned by the "outrageous tax optimisation" used by the US companies.
France is one of a growing number of nations to pursue more aggressively what they see as abuse of tax and accounting rules that allows some multinational companies to pay less tax.
Google for instance has reduced the amount of tax it pays in France by funnelling most of its revenue through a Dutch-registered intermediary and then to a Bermuda-registered holding, Google Ireland Limited, before reporting it in low-tax Ireland.
The French television heads said the government was worsening the situation in a stagnant sector by inviting new operators.
They called for a revamp of tight laws controlling television, a tax overhaul and revised rules allowing advertisements which are currently banned.