Netflix is urging the government to abandon a proposal to introduce content quotas for international streaming services, warning it would raise the costs of creating programs and put further pressure on an already under-resourced production sector.
Netflix is warning co-productions with broadcasters such as the ABC on its show Stateless will not occur as often if the government introduces more content quotas., Netflix argues the introduction of any content rules would reduce the number of co-productions that occur between streaming services and television broadcasters, as well as inflate the costs of making programs.
But Netflix warns in its submission that introducing quotas could damage the industry permanently: “It could exacerbate the current capacity and capability problems, create a content ‘arms race’ driving up prices for certain forms of content production, and add greater costs to the free-to-air television business model.”This view is shared by commercial FTA television lobby group, Free TV, which represents the interests of Nine Entertainment Co , Seven West Media and Network Ten.
Netflix is advocating for the government to invest in upskilling and employing more people in the production sector to ensure they can meet the global demand for local content. It is also proposing the government find ways to increase the amount of studios and locations available for production to incentivise overseas investment.
“It’s important that governments make decisions for the long term, not just within the electoral cycle, and particularly around issues relating to big technological changes.”
zoesam93 Liberal capitalism demands an homogeneous global market place to limit costs and increase profits. Your culture is anathema to that goal. Trans, gay liberation and foreign content are tools global companies use to produce that market place. It ain't 'cultural Marxism'.
zoesam93 Worked for Canada
zoesam93 We don't WANT to watch Australian content. It's SHIT.
zoesam93 Who owns Stan 🤔