Australia's Streaming Quotas Become Law

Australia's streaming quotas have become law. Legislation requiring the likes of Netflix, Disney+ and HBO Max to spend a portion of their local earnings on original Australian content has been passed in parliament, and now comes into effect. From a report: The quotas were announced earlier this month. This will see global streamers with more than one million Australian subscribers made to spend 10% of their total Australian expenditure -- or 7.5% of their revenues -- on local originals, whether