Paramount Australia is first to respond to govt mandate for local quotas on Streaming platforms.
Paramount is the first Streaming platform to formally respond to the government’s plan for local quotas on Streaming.
A Paramount Australia spokesperson said, “Paramount is committed to bringing local stories to all Australians. We have proactively engaged with multiple governments over many years on how to ensure there is a sustainable pipeline of local content, across genres and formats, available to our audience.
“Despite the ongoing and demonstrable commitment to our investment in local productions – as evidenced by the annual industry data we voluntarily provide to the Australian Communications and Media Authority – the government has elected to move forward with regulation.
“We look forward to reviewing the detail of the proposed local content requirement when it is available to ensure the rules that will apply to streaming services are fair, equitable and guarantee a sustainable and viable screen industry for all players.”