Swiss Producers Hope Upcoming ‘Lex Netflix’ Referendum Will Prompt Greater Investment From Streamers
Nick Vivarelli International CorrespondentA nationwide referendum is to be held in Switzerland on May 15 on a proposed law that would force streamers like Netflix and Amazon Prime Video to re-invest 4% of their local revenues in Swiss film and TV productions.Dubbed “Lex Netflix,” the Swiss law –– which is modeled on European regulations that don’t apply in the country as it’s not part of the E.U. –– is sparking plenty of controversy.“Lex Netflix” is being opposed by Swiss groups of different political stripes who say it goes against the principles of the country’s fiercely free-market economy.