Australia Is Following South African Government And Have A Much Higher Demand In Local Content For Streaming Services
AUSTRALIAN GOVERNMENT Netflix and other global streaming services could be forced to spend millions of dollars on Australian programs and films under major changes to media laws proposed by the federal government that could level the regulatory playing field with free-to-air TV networks. The government is also considering scrapping annual broadcast spectrum taxes for commercial TV networks and replacing them with a new licensing regime which could save broadcasters up to $12 million each year. Netflix and other global streaming services could be forced to meet Australian content quotas under the proposed changes. Federal Communications and Arts Minister Paul Fletcher, who will launch a green paper with the proposed reforms on Friday, said the economic impact of the COVID-19 pandemic had reinforced the need for regulatory action to help the TV industry. "What we are proposing would rebalance Australia's media regulations so that the industry can continue to support jobs, c