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Netflix, Disney and other streamers to be forced to pay for more Australian-made content
Streaming platforms with over 1 million Australian subscribers must invest 10% of local expenditure or 7.5% of revenue in Australian drama, documentary, children’s, arts, and educational content.
- Confirmed Tuesday, Nov. 4, the Albanese government will require streaming services with more than 1 million Australian subscribers to invest 10% of total Australian expenditure or 7.5% of total Australian revenue in local content.
- Amid long-running advocacy, delays over trade concerns and the 2024 U.S. presidential election postponed the bill, linked to the Revive national cultural policy and Australia‑US Free Trade Agreement.
- Arts Minister Tony Burke said, `We have Australian content requirements on free-to-air television and pay television, but until now, there has been no guarantee that we could see our own stories on streaming services.` Industry groups welcomed the move, citing Netflix’s 2024 local revenue of A$1.3 billion and expenses of A$1.25 billion, with recent shows like Heartbreak High on the platform.
- Early estimates suggest the legislation could guarantee contributions of more than A$300 million per year to the local screen and arts sector, but industry groups warned of potential loopholes affecting production jobs and post-production spending that benefit Australian screen composers and music creators.
- Compared with other jurisdictions, Australia’s legislated quotas are lower than the 20 in industry calls, despite eight official inquiries and similar EU and Canada rules.
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‘Incredible First Step’: Australian Gov’t Approves Content Quotas For Streaming Video Platforms
SYDNEY, Australia — More than three-and-a-half years after the siren sounded, the Australian government is activating local content quotas for popular streaming video on-demand platforms operating on these shores. Confirmed Tuesday, Nov. 4, the new obligation will require those services with over 1 million domestic subscribers to invest 10% of total program expenditure here, or 7.5% of their total Australian revenue, to supporting local storyt…
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Total News Sources36
Leaning Left11Leaning Right4Center5Last UpdatedBias Distribution55% Left
Bias Distribution
- 55% of the sources lean Left
55% Left
L 55%
C 25%
R 20%
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