Netflix CEO Ted Sarandos is in Israel and has achieved with President Isaac Herzog and Minister of Communications Yoaz Hendel at the president’s home in Jerusalem. Sarandos is trying to influence Hendel not to shift ahead with laws requiring international streaming companies like Netflix to deliver primary content in Israel.

Sarandos listened to what Israel is organizing on the difficulty and he spelled out that legislation could hurt Netflix’s designs to expand financial investment in Israel. Netflix is concerned about the precedent and Sarandos sought to explain how the business is now cooperating with regional market in shopping for information and why laws could consequence in decreased financial commitment.




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The planned legislation follows the conclusions of the Folkman Committee that it makes unfair competitors for Israeli Television set organizations that are needed to devote in original productions, though the intercontinental streaming giants are not. Hendel advised Sarandos that the legislation was built to develop an equivalent playing field for Israeli and worldwide corporations.

Sarandos’ check out was prepared ahead of it was known that the latest Knesset was currently being dissolved. The Ministry of Communications had hoped that the new laws would be aspect of the Financial Preparations Bill that accompanies the 2023 finances but it is now unclear no matter whether the legislation can be enacted this yr.

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

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


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