Netflix CEO in Israel to oppose production legislation
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Netflix CEO Ted Sarandos is in Israel and has satisfied with President Isaac Herzog and Minister of Communications Yoaz Hendel at the president’s home in Jerusalem. Sarandos is attempting to convince Hendel not to go forward with legislation demanding international streaming products and services like Netflix to deliver initial content in Israel.

Sarandos listened to what Israel is organizing on the situation and he stated that laws could damage Netflix’s ideas to grow financial investment in Israel. Netflix is anxious about the precedent and Sarandos sought to describe how the corporation is presently cooperating with area industry in getting material and why legislation could consequence in decreased financial commitment.




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The planned legislation follows the conclusions of the Folkman Committee that it generates unfair levels of competition for Israeli Tv set corporations that are necessary to commit in initial productions, whilst the intercontinental streaming giants are not. Hendel informed Sarandos that the legislation was created to build an equivalent playing discipline for Israeli and international businesses.

Sarandos’ pay a visit to was planned before it was acknowledged that the present-day Knesset was staying dissolved. The Ministry of Communications experienced hoped that the new laws would be aspect of the Financial Arrangements Bill that accompanies the 2023 price range but it is now unclear whether or not the legislation can be enacted this year.

Revealed by Globes, Israel business enterprise information – en.globes.co.il – on June 21, 2022.

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


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