Tuesday, May 21, 2019

Chicago The First City To Collect "Netflix Tax"

Chicago now has the dubious distinction of bring the first city in the US to implement the infamous Netflix tax.

The city collected $1.2 million from Sony in January, on services including PlayStation Video live events and purchases of music and video, according to Bloomberg. It also collected nearly $800,000 from Eventbrite and $70,000 from Fandango, the outlet said. The levy has been dubbed the "Netflix tax" because it targets streaming video services in addition to gaming and other digital entertainment.