[Frqy3]

I'm not an expert in media laws, but my understanding from the broadcast days was that TV broadcasters got access to radio spectrum for effectively zero or peppercorn rates and in return were required to broadcast a certain level of local content. Broadcast licences were also limited in number by the available spectrum.

An on-demand catalog is also quite different from broadcast, being measured by content availability rather than transmission time, and a 30% (or higher) local content bar seems to me to be a rather high level for an on-demand service, however, I read elsewhere [0] that Netflix is already close to meeting this, so the restriction is not likely to be too onerous for them at least.

[0] https://venturebeat.com/2018/09/04/eu-will-force-netflix-and...