Germany to require cultural investment from U.S. companies

A proposed new German law announced yesterday will require streaming services operating in the country to invest 8 percent of their German revenue into the European film industry. It also sets a quota for German-language productions, according to dpa. France and Italy have similar laws already, but the new law would reduce profits to American companies and further escalate the trade conflict simmering between Europe and the United States. It would also promote German culture, a trend worth watching, since a massive cultural counterrevolution in Europe is prophesied in the Bible. Learn more about this oncoming transformation of European identity in “The Holy Roman Empire Goes Public—Big Time!”