What's good for Netflix should be good for the entire telecommunications industry, Quebecor Media Inc. head Pierre Karl Péladeau said Thursday. Speaking to reporters after the company's annual general meeting, the Peladeau said that services like Netflix and Apple TV are new models for delivering television and movie content online, and therefore do not fall within the current regulations outlined by the CRTC for television broadcasters. Netflix is U.S.owned, whereas television companies in this country must be majority owned by Canadians. Netflix is also exempt from paying into the Canada Media Fund. But rather than regulate Netflix, as television operators suggested in a letter to the CRTC last month, Péladeau said all existing regulations should be eliminated to make the playing field more fair.
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