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Netflix, broadcasters praise screen reforms, film producers fear the worst – Sydney Morning Herald

Screen Producers Australia predicted the changes would combine to reduce the amount of content being produced by at least 50 per cent.

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Foxtel, which last year spent about $26 million on original Australian scripted content, has had its obligation (a levy on revenues) cut in half.
The commercial free-to-air broadcasters, streaming services and Foxtel have welcomed the changes.
“Netflix makes a significant contribution to Australia’s content production industries and will continue to do so, a spokesperson for the global streaming giant said.
Foxtel chief executive officer Patrick Delany said the package was a starting point fo…

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