The Australian government has suspended its local content quotas for broadcasters for the rest of 2020, with the option to extend through 2021. The move is in response to the shutdown of the countr…
The Australian government has suspended its local content quotas for broadcasters for the rest of 2020, with the option to extend through 2021. The move is in response to the shutdown of the country’s production sector due to the ongoinghas effectively halted production of Australian screen content, making it impossible for free-to-air and subscription television businesses to meet Australian content obligations,” said the government’s Minister for Communications Paul Fletcher in a statement.
The package has been widely welcomed in Australia, but there are concerns that the quotas aspect could negatively affect the local production sector going forward. “These hard cuts have the potential to at worst cripple Australia’s production industry and at best snuff the opportunities for a rebound for much of our sector at a time when it is facing a very real battle for survival,” said SPA CEO Matthew Deaner.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Directors Guild Pension-Health Plans Approve Emergency Loans to MembersThe Directors Guild of America-Producers Pension and Health Plans have approved allowing emergency loans to members from the supplemental benefit plan for the next three months starting on May 1 th…
Read more »
Coronavrius crippling film industry, US box office headed for worst year since 1998Wedbush's Michael Pachter predicts the 2020 box office will fall more than 40%, to around $6.6 billion.
Read more »
Suspending the RMD rules for 2020 is a good moveRequired minimum distributions are important, but we do not want to force sales of depressed assets
Read more »
New York Designers to Support NowThese are the local fashion industry leaders who have stepped up, either by producing masks, donating a portion of their sales to coronavirus relief efforts or advocating on behalf of retail workers.
Read more »
Iraq suspends Reuters for three months over report on coronavirus casesIraq has suspended the licence of the Reuters news agency after it published a story saying the number of confirmed COVID-19 cases in the country was higher than officially reported.
Read more »