Australia‘s new streaming content quotas has “materially changed the competitive landscape” for New Zealand‘s production community, a screen body has warned.
New Zealand’s producers guild, Spada, said New Zealand was at risk of being left “at a disadvantage unless policy settings catch up,” and urged the country’s lawmakers to introduce levy on streamers’ local revenue as it claimed “the time to strike is now.”
On January 1 this year, Australia’s production community was handed a boost when the Labor government brought into a law directing that the likes of Netflix, Prime Video and Disney+ – any streamer with more than one million local subscribers to spend 10% of their total Australian expenditure – or 7.5% of their revenues – on local originals.
