Australia to impose local content quota on streamers

Details are still light, but plans are afoot to impose a tax on Netflix and other international streamers to meet local production quotas.

Details are still light as negotiations between the government and international streaming companies is yet to commence, but as per the Australian ABC:

From mid-2024, the federal government will require the major streaming platforms to put some of their revenue back into Australian content.

Details of the new policy are still to be negotiated with both th…