From mid-2024, the federal government will require major streaming platforms such as Netflix, Disney and Amazon Prime to put some of their revenue back into Australian content.
abc.net.au/news/streaming-giants-to-be-required-to-make-australian-films-and-tv-/101904938Streaming giants like Netflix, Disney and Amazon Prime will be required to invest in making local Australian content under new rules set to be imposed on the industry.Major streaming services will be required to invest revenue into producing local content from mid-2024
While streaming services already produce Australian content, the Arts Minister says it should be a requirement The details of the new policy are still to be negotiated with both the platforms and the Australian film and television sector, but the sector has previously argued for 20 per cent of revenue.
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