Netflix may be inching closer to becoming a “local” media company, with an increased presence in our small but profitable national market. Will this lead to more locally-made content?
Amid endless reviews into the future of local screen content, uncertainty reigns on issues such as the impact of Netflix, the fate of local content quotas and funding for original children's TV.
As streaming services become increasingly dominant, the relevance of the existing local content quota system is declining.
New ABS figures on film, TV and digital gaming show that subscription broadcasters and online content creators are booming. Yet local content quotas only apply to free-to-air broadcasters.
Many broadcasters around the world enforce local content quotas to ensure their television industries’ survival. But the success of these measures varies widely.