Australian content quotas will be placed on Netflix, Disney+, Prime Video and the other international streamers. Plans to impose quotas were unveiled this morning as part of the Australian government’s ‘Revive’ National Cultural Policy.
The five-year policy plan aims to shake-up the country’s wider cultural landscape. Figures haven’t yet been released but the plan is to introduce the legislation in the third quarter of this year.
ABC News reported details of the policy are being negotiated with the film and TV industries and the streamers. The quotas will be in place by July 1, 2024.
Local press reports suggest the required investment level will be set at 20% but this hasn’t been confirmed. Local broadcasters already have local content quotas and News Corp’s pay-TV market leader Foxtel is required to put 10% of its spend on drama channels into local scripted production.
Read more on deadline.com
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