Screen Producers Australia (SPA) is urging the federal government to expedite the implementation of local content quotas for streaming services, emphasizing the need to support the domestic screen industry amid escalating global trade tensions. The call comes in response to recent 10% tariffs imposed by U.S. President Donald Trump on Australian exports, including beef, which have heightened concerns about the stability of international trade relationships.
SPA’s push for swift regulatory action is driven by findings from a recent member survey that highlights the challenging commissioning environment faced by Australian producers. The organization warns that delays in establishing streaming regulations could jeopardize the sustainability of local content creation, especially as international trade dynamics become increasingly unpredictable.
The proposed regulations would require streaming platforms like Netflix and Amazon Prime Video to invest a certain percentage of their Australian revenue into local productions, aligning with practices already in place for traditional broadcasters. This initiative aims to ensure that Australian stories continue to be told and that the local screen industry remains robust in the face of external economic pressures.
SPA’s call to action underscores the importance of cultural sovereignty and the economic benefits of a thriving domestic production sector. By implementing these regulations promptly, the government can provide a buffer against the uncertainties of global trade policies and support the growth of Australia’s creative industries.
Trump Tariffs Light a Fire Under Aussie Push for Streaming Reforms
