After years of haggling, stalling, negotiation and threats, a deal to force the streaming services to fund Australian screen content is finally imminent.

Labor is set to introduce a bill to parliament this week that will impose quotas on Netflix, Disney and any other services with at least a million Australian subscribers.

Dubbed an Australian content obligation, the legislation will require services that meet the threshold to invest at least 10 per cent of their total expenditure for Australia in the production of new local drama, children’s, documentary, arts or educational programming.

Alternatively, they can opt to invest 7.5 per cent of their Australian revenues in the same. The obligation will apply to Stan and Paramount+ if they meet the subscriber threshold, even though each is

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