Business
Netflix to face local content quota under proposed Australian TV reforms – Sydney Morning Herald
The government is considering a raft of changes to media laws, including a requirement for international streaming services to spend money on local content.
The green paper proposes creating a law that requires streaming services to invest a percentage of their Australian revenue on local content, either in the form of commissions, co-productions or acquisitions of content. However, it stops short of stipulating what the percentage should be.
“We’re seeking feedback on all of the proposals including the percentage rate,” Mr Fletcher said.
Communications Minister Paul Fletcher will release the green paper on Friday with several proposed changes to media…
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