Australia has finally pulled the trigger on long-mooted streaming quotas, confirming a landmark bill that will compel streaming platforms to invest a fixed share of their Australian revenue or expenditure into homegrown programming. The bill, to be introduced this week, will require major streamers to allocate roughly 10% of their Australian expenditure or 7.5% of local revenue to Australian drama, documentary, children’s and cultural programming.
Source: Australia Moves Ahead With Streamer Quotas to Boost Local Storytelling