The proposal to halve Foxtel’s local drama quota will have a contractionary impact on the industry, reduce jobs and damage cultural outcomes, according to screen industry guilds and organisations.
However, the pay TV provider argues it has been substantially impacted by “increased competition from unregulated streaming services”, and supports the government removing “any unnecessary and redundant regulation” in order to provide a “level playing field”.
The government first flagged its intention to halve subscription TV providers’ obligation to allocate 10 per cent of drama channel revenue towards local content in last year’s Federal Budget, with the intention these changes take effect from July.
This week, the Environment and Communications Legislation Committee is meeting to discuss the relevant amendments to the Broadcasting Services Act 1992.
The current new eligible drama expenditure (Nede) scheme operates under an accrual system where obligations that arise but not acquitted in one reporting period must be...
However, the pay TV provider argues it has been substantially impacted by “increased competition from unregulated streaming services”, and supports the government removing “any unnecessary and redundant regulation” in order to provide a “level playing field”.
The government first flagged its intention to halve subscription TV providers’ obligation to allocate 10 per cent of drama channel revenue towards local content in last year’s Federal Budget, with the intention these changes take effect from July.
This week, the Environment and Communications Legislation Committee is meeting to discuss the relevant amendments to the Broadcasting Services Act 1992.
The current new eligible drama expenditure (Nede) scheme operates under an accrual system where obligations that arise but not acquitted in one reporting period must be...
- 6/8/2021
- by Sean Slatter
- IF.com.au
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