Netflix CEO in Israel to oppose production legislation
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Netflix CEO Ted Sarandos is in Israel and has fulfilled with President Isaac Herzog and Minister of Communications Yoaz Hendel at the president’s residence in Jerusalem. Sarandos is making an attempt to encourage Hendel not to shift forward with laws requiring international streaming services like Netflix to produce authentic material in Israel.

Sarandos heard what Israel is preparing on the issue and he defined that laws could hurt Netflix’s programs to grow investment in Israel. Netflix is involved about the precedent and Sarandos sought to reveal how the business is already cooperating with community sector in buying information and why legislation could result in decreased investment.




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The planned laws follows the conclusions of the Folkman Committee that it results in unfair level of competition for Israeli Tv set firms that are needed to devote in authentic productions, while the international streaming giants are not. Hendel instructed Sarandos that the legislation was intended to develop an equal participating in subject for Israeli and worldwide corporations.

Sarandos’ go to was prepared just before it was recognized that the existing Knesset was getting dissolved. The Ministry of Communications had hoped that the new legislation would be component of the Financial Preparations Bill that accompanies the 2023 finances but it is now unclear no matter whether the laws can be enacted this yr.

Published by Globes, Israel company information – en.globes.co.il – on June 21, 2022.

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


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