Both Amazon and Netflix have welcomed the prospect of consulting with the Federal Government on a formal investment obligation in their National Cultural Policy submissions, but called for a "broad and flexible" definition of Australian content.
Screen Producers Australia and the Media, Entertainment & Arts Alliance have outlined their priorities in relation to the government's National Cultural Policy, with the former reiterating its position on streaming regulation while the latter has called for a wage increase for arts workers and renewed investment in the sector.
Minister for Communications, Urban Infrastructure, Cities and the Arts Paul Fletcher has defended the government's proposed Streaming Services Reporting and Investment Scheme amid industry criticism, telling IF it is "an effective model" to increase Australian content being commissioned by the streaming services.
The Federal Government has committed $4.2 billion in funding for the public broadcasters over the next three years, while concurrently outlining the next steps in its media reform agenda.
Australia's leading children's producers are calling for a 20 per cent children's sub-quota to be placed on streaming platforms, based on an overall 20 per cent revenue-based local content requirement.
A senate committee has gone against Foxtel on a proposal to halve subscription television's local drama quota, recommending that the legislation remains as is.
Nine-owned streaming service Stan and Amazon Prime Video believe the proposed SVOD and AVOD content quotas outlined in the Federal Government's media reform green paper may carry unintended consequences, such as placing further pressure on production resources and curtailing diversity in the sector.
The ABC has used its submission to the Federal Government's media reform green paper review to request an additional $90 million in funding, while at the same time joining SBS in dismissing content obligations as "unnecessary".