Netflix, Inc. Denies Canadian Regulator’s Request For Data

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Netflix, Inc. Denies Canadian Regulator’s Request For Data

Netflix, Inc. (NASDAQ:NFLX), the U.S. based video-streaming company, received orders from CRTC on Friday, to furnish the sensitive business information before Monday evening. Netflix was threatened that if it did not comply with CRTC’s requirement then they would revoke the new media exemption for operating Netflix Canada, says a report from Hollywood Reporter.

Why Netflix denied the request?

The reason cited by Netflix for not complying with CRTC’s orders is that the company has not got any assurance from them that the business data relating to the Canadian subscriber numbers and local production expenditures, will remain confidential.

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