By Kyle O'Brien

A tax on streaming video seems to be the way many California cities are looking to replace lost revenue for those who have cut the cable and gone solely to streaming.

A dozen cities in the Bay Area are already considering tacking on the “Netflix Tax” to have streamers pay up to 10% extra to watch Netflix, Hulu, Amazon Prime and other internet-enabled channels. Voters in Alameda already approved a measure that rolls in streaming under the city’s utility tax.

In Southern California, Pasadena’s city finance department is set to implement a 9.4% tax on “video services,” which may take Read full story ›

Source: The Drum