Australia has finally pulled the trigger on long-mooted streaming quotas, confirming a landmark bill that will compel streaming platforms including Netflix, Disney+, Prime Video, Apple TV+ and Stan to invest a fixed share of their Australian revenue or expenditure into homegrown programming.
The bill, to be introduced this week, will require major streamers to allocate roughly 10% of their Australian expenditure or 7.5% of local revenue to Australian drama, documentary, children’s and cultural programming. The move brings the digital giants under a regulatory umbrella that broadcasters have operated beneath for decades — and signals the biggest screen-policy reset since the Producer Offset.
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‘ Some details of this article were extracted from the following source www.imdb.com ’
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