Labour commits to introducing levy for streaming giants, National still coy

Labour is promising to implement a levy on local profits of streaming giants like Netflix, Disney+ and Amazon Prime Video if elected, but National says it is still considering its options and won’t commit to any plan yet.

It follows Australia introducing a law in late 2025, in which streaming services with more than one million Australian subscribers are required to invest at least 10% of their total spend for Australia, or 7.5% of their revenue, on new local drama, children’s, documentary, arts and educational films and TV programmes.

Read on @The Post

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