The bill marks the next step in long-planned legislation that, once passed, could see the likes of Netflix, Disney+ and Amazon Prime Video fined up to £250,000 ($308,000) or restricted in the UK entirely if they break rules around harmful material that have applied to the public broadcasters for decades. The White Paper that laid out plans for the bill in April 2022 had initially floated the idea that these streamers either be fined the £250,000 maximum or 5% of their local revenues, whichever was higher, but the latter option has been removed from today’s draft bill.
