Australia Suspends Broadcaster’s Local Content Quotas; Producers Guild Says Move Could “Cripple” Industry

The Australian government has suspended its local content quotas for broadcasters for the rest of 2020, with the option to extend through 2021. The move is in response to the shutdown of the country’s production sector due to the ongoinghas effectively halted production of Australian screen content, making it impossible for free-to-air and subscription television businesses to meet Australian content obligations,” said the government’s Minister for Communications Paul Fletcher in a statement.

The package has been widely welcomed in Australia, but there are concerns that the quotas aspect could negatively affect the local production sector going forward. “These hard cuts have the potential to at worst cripple Australia’s production industry and at best snuff the opportunities for a rebound for much of our sector at a time when it is facing a very real battle for survival,” said SPA CEO Matthew Deaner.

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Fuente: CNBC - 🏆 12. / 72 Leer más »