SYDNEY, Australia — More than three-and-a-half years after the siren sounded, the Australian government is activating local content quotas for popular streaming video on-demand platforms operating on these shores.
Confirmed Tuesday, Nov. 4, the new obligation will require those services with over 1 million domestic subscribers to invest 10% of total program expenditure here, or 7.5% of their total Australian revenue, to supporting local storytelling.
Netflix, Disney, Amazon and other SVOD services will be compelled to comply by the legislation, which will be introduced to Parliament this week, the ABC reports.
Those quotas must pass that bar set by the Australian Content and Children’s Television Standard (ACCTS), meeting or exceeding the same requirements currently applied to commercia

Billboard

FOX 5 Atlanta Crime
Raw Story
Reuters US Top
Associated Press US News
Deseret News
The Travel
NewsChannel 5 Nashville
CNN