Netflix's Ted Sarandos Throws Star-Studded Toronto Bash for New Office Opening.

Netflix CEO Ted Sarandos hosted a party in Toronto with Hollywood talent and Canadian VIPs, including Prime Minister Justin Trudeau, as Canada prepares to pass Bill C-11, which will regulate foreign media players like Netflix, Amazon, and Spotify operating in the Canadian market and impose mandatory payments to support local Canadian film, TV, and music content. The new law is a marked change from the rapid and unchecked rise of U.S. tech giants in the Canadian market, and the American players will have to invest in local content as part of a still-to-be-negotiated regulatory framework.