Streaming regulation delay

Streaming regulation delay

While the industry is on tenterhooks awaiting a government outcome on local quotas for streaming platforms, Screen Producers Australia has been advised by the Office of the Arts that the legislation will be delayed until 2024.

The reason for the delay is to enable the Department to seek further data and input to inform their evidence-based and consultative approach.

SPA has been backing a 20% quota for Australian revenue to be reinvested back into Australian production.

Publicly Netflix Australia said it welcomes the regulation but wants it to be “sustainable, equitable and evidence-based.

Free TV Australia has concerns about the impact on the cost of production.

In January Arts Minister Tony Burke announced the government would introduce legislation for Australian screen content on streaming platforms in the third quarter of 2023 and to commence no later than 1 July 2024.

The Government now plans to release “a refined approach for final targeted consultation” in October-November 2023.

This delay will not affect the planned start date.