Chicago’s Netflix tax took effect on September 1st and already Chicagoans are seeing the ill effects. Nine plaintiffs have filed a lawsuit challenging Chicago’s authority to tax a streaming Internet service with the 9% surcharge it typically reserves to other forms of entertainment.
Imagine if one company out of the Fortune 500, #474 with ~$6b in revenues, and 2,000 employees, representing about .03% of U.S. GDP, and .06% of the population, comprised 36%of all the vehicle traffic going in one direction on our interstate highway system on any given day.
In today’s edition of The Heartland Daily Podcast, Director of Communications Jim Lakely speaks with Seton Motley, President of Less Government. Motley and Lakely talk about the pending lawsuit between Disney and Verizon.
Hot on the heels of the announcement of a new streaming service from cable channel HBO (reported here last week), broadcast TV giant CBS has begun a standalone streaming service to deliver CBS programming.
As announced yesterday, Aereo, a streaming broadcast TV company, was found to be violating copyrights on programming it was providing, given that the almost live broadcasts it made available represented a public performance of the content and hence was illegal under copyright law. In plain speak, Aereo’s entire business model was to take that which didn’t belong to it and sell it. Try selling access to your neighbor’s guest room on AirBnB, or taking your neighbor’s otherwise unused car to use for your own Uber sideline, and see how things work out.