Australian Prime Minister Anthony Albanese said he supports introducing content allocations for streaming services.
“The Australian story remains on Australian screens because it strongly supports the local content of streaming services,” Albanese said during the campaign for the country’s general election on May 3rd.
The Australian Labour Party government in Albanese and the former Liberal Party (LNP) government had previously failed to impose streamers on promised content allocations.
Many Australian production industry were convinced that after Donald Trump was elected president of the US to prevent him from being dragged into a trade dispute with the US, he lost the opportunity for quotas to be introduced. However, Australia has since been hit by 10% tariffs under Trump.
“My resolve to get there hasn’t changed at all,” Arts Minister Tony Burke said in a video message to the lobby group Save Our Arts. “We want to land it. We have a natural challenge to speak English in Australia, and we have a huge competition with other English producers of dramatic content that can go straight to Australia across the internet.
While neither party agrees to the mechanism for providing local content, Greens hopes that 20% of Australia’s subscription revenue will go to content where 20% of its Australian subscription revenue is locally manufactured and owned.
In 2023/24, the five streamers voluntarily providing data to the Australian Communications Agency (ACMA) – Amazon Prime Video, Amazon Prime Video, Amazon Prime Video, Amazon Prime Video, Disney+, Netflix and Local Streamer Stan spent USD 108 million ($2.252 million) on a co-committee show with Australian producers, directors and writers. Only in 2020/21 there were higher numbers.
Almost 90% have become 26 dramas, and are primarily aimed at adults. Includes Justin Kruzel’s Amazon Prime drama A narrow road to the deep north. The only feature was Jones Family Christmas and WindCatcher For Stan, and Appleton Women’s Potato Trace For Paramount+.
An additional US$127 million ($200 million) has been spent on acquiring, producing or investing in the “Australia-related” program. Alien: Romulushired Australian visual effects expertise Ricky Stanikkiphotographed on the territory.
Screen Producer Australia (SPA) said commissioning is slowing down due to lack of streamer regulations. An estimated 170 fees worth more than $640 million ($1 billion) have stalled or collapsed, and members feel less optimistic than a year ago.
Spa said screen The survey showed more than 700 members strongly, but the number of participants in the survey was not revealed.
Around 14 European countries, including France, Denmark, Spain and Italy, have previously imposed financial obligations on streamers, leading to a surge in funding for local films and television shows.
Outside of Europe, countries such as Canada also require streamers to fund local production, while New Zealand, Indonesia, Thailand and South Korea are planning plans. In the UK, the Parliamentary Cultural, Media and Sports (CMS) Committee recently recommended a 5% collection for streamers. Ireland recently put a plan on holding streamer collection.
(TagStoTRASSLATE) Australia (T) Streaming