Glad to see the INDEPENDENT Senator Charrise Seepersad and I are on the same page. Its about TIME!
INDEPENDENT Senator Charrise Seepersad, in her contribution to the budget debate on Tuesday, urged the Government to tax global tech giants such as Facebook as they undermine local businesses.
Her call followed complaints last year by ANSA McAl head A. Norman Sabga who blamed an $11 million loss at CNC3 on advertising because of direct competition from these foreign firms. “The impact of the global digital economy is a serious threat to TT’s economic activity,” Seepersad said.
“Amazon, Netflix, Google, Twitter and Facebook for example are taking away media market-share from businesses while having no local economic footprint.” She lamented that foreign firms drain foreign exchange from TT, yet themselves do not incur any significant costs to operate in TT.
https://newsday.co.tt/2020/10/29/tax-us-tech-giants-like-fb/
Colin Lucas: Virtual Carnival could be NCC's lifeline
https://whensteeltalks.ning.com/forum/topics/colin-lucas-virtual-carnival-could-be-ncc-s-lifeline
Reply by odw on
“So, we had been having discussions with some of the stakeholders. We even had a couple of preliminary discussions with people involving the (virtual) technology so it would not be a difficult ramp up if and when we decide virtual is it.”
A lot to digest here, Streaming Rights? Pay-Per-View Access? Third-Party Agreements? Intellectual Property Rights? Licensing Agreements? Advertising revenue from hosting platforms, Google, Facebook, Youtube???
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3 Canal - Talk yuh talk - Rituals (1999)