Close Menu
    National News Brief
    Friday, August 21
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home » Aussie Streaming Quotas Could Divert $200 Million From Hollywood: Trump Official

    Aussie Streaming Quotas Could Divert $200 Million From Hollywood: Trump Official

    Team_NationalNewsBriefBy Team_NationalNewsBriefMay 24, 2025 Politics No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    This article was originally published by The Epoch Times: FDA Says No Licenses for COVID-19 Vaccines for Many Americans Without Trial Data

    US Trade Representative Jamieson Greer has earmarked Australia’s impending ‘Revive’ National Cultural Policy.

    Australia has been named as one of several governments that “undercut” the U.S. film industry, according to a social media post by a top U.S. trade official.

    On May 23, U.S. Trade Representative Jamieson Greer wrote about the Trump administration’s efforts to bring big budget Hollywood productions back onshore, appointing “special ambassadors to Hollywood” to try kickstart the initiative.

    The move comes after the administration approved a 100 percent tariff on movies made outside of the United States, but is yet to unveil how this tariff will be implemented.

    “Over 80 countries offer production tax incentives, resulting in many productions that could have been filmed in the United States locating elsewhere,” Greer wrote on X.

    “Many blockbusters have been filmed in Canada, Croatia, France, New Zealand, and several other countries, which offer generous incentives, while overall production in the U.S. was down 26 percent in 2024 compared to 2021.”

    Greer named the Australian Labor government’s impending National Cultural Policy “Revive.”

    “Australia’s National Cultural Policy, released in January 2023, recommends imposing Australian screen content requirements on streaming video services,” he said.

    According to Greer, these rules could lead U.S.-based platforms spending between $220 million and $440 million annually in Australia, instead of in the United States.

    What Are the Current Quotas?

    Content quotas require broadcasters and digital platforms to invest or broadcast a specified amount of local content, aimed at maintaining the local culture.

    Revive earmarks a production expenditure model where streaming companies need to spend a portion of locally derived revenue—up to 30 percent for the largest platforms—on Australian drama.

    The other suggestion is mandating that 10 percent be invested in new local productions, which could later rise to 20 percent. The policy remains under development.

    “Countries typically rely on tools like local content quotas. For example, France and Australia have requirements for domestic content on radio and streaming platforms, and China restricts access to foreign film licenses through a strict annual cap,” said Vladimir Tyazhelnikov, senior lecturer in economics and specialist in global tariffs, in a statement from the University of Sydney.

    The Epoch Times has reached out to Tony Burke, the minister for art and culture for latest reaction but did not receive a response in time for publication.

    During Senate Estimates in May 2024, officials from the Department of Communications confirmed that the Revive proposal was still being refined ahead of Cabinet consideration.

    The issue hit a roadblock when trade experts and industry representatives raising concerns that the proposed quotas might violate terms of the Australia–United States Free Trade Agreement (AUSFTA).

    Australia’s Response So Far

    Australia’s ambassador to Washington, former Labor Prime Minister Kevin Rudd, recently flagged concerns over the 100 percent tariff on imported films.

    Speaking at a public forum, Rudd warned such a move could hinder cultural exchange.

    “I don’t think we want to see a tax on Bluey,” he said, referencing the Brisbane-made children’s show that has become the most streamed program in the United States.

    Meanwhile, some local experts are concerned of the impact it could have on the Australian industry, given its heavily reliance on U.S. productions.

    “The impact on Australia would be swift and severe. States such as New South Wales and Queensland have built robust screen production industries, attracting major international projects such as Thor: Love and Thunder, Elvis, Shang-Chi and the Legend of the Ten Rings, and The Fall Guy,” said Mike Seymour, an Emmy-nominated visual effects professional and senior lecturer at the University of Sydney Business School.

    “These productions inject millions into local economies and support a wide network of jobs in everything from set design and location services to visual effects and post-production.

    “When Australian screen content is under pressure because of the rise of global streamers and the decline of free-to-air broadcasting, these international partnerships are more important than ever.”

    If you found this article interesting, please consider supporting traditional journalism

    Our first edition was published 25 years ago from a basement in Atlanta. Today, The Epoch Times brings fact-based, award-winning journalism to millions of Americans.

    Our journalists have been threatened, arrested, and assaulted, but our commitment to independent journalism has never wavered. This year marks our 25th year of independent reporting, free from corporate and political influence.

    That’s why you’re invited to a limited-time introductory offer — just $1 per week — so you can join millions already celebrating independent news.



    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    What Are the Odds of a Yellowstone Eruption?

    Intuitive Surgical Stock Surges in After-Hours Trading

    Manning Follows Family Tradition With High School Football Debut

    Thursday Evening Forecast for August 20

    Olivia Rodrigo Pays for Alabama Student’s Final Semester

    Below Deck Star Nathan Gallagher Faces Domestic Violence Charges

    Add A Comment

    Comments are closed.

    Editors Picks

    Harvard’s commencement showcased a united university

    June 1, 2025

    Octopuses prompt rethink of why animals evolve big brains

    January 21, 2026

    Ivory Coast’s president says will seek fourth term in office | Elections News

    July 29, 2025

    Dark oxygen: New deep sea expedition to explore mysterious discovery

    January 25, 2025

    Who benefits from India’s sweeping new labour reforms? | Narendra Modi

    December 3, 2025
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    Flock Cameras. Canoodling Lawyers. How Much Surveillance Are We Comfortable With?

    August 21, 2026

    Marjorie Taylor Greene & Trump Using Nuclear Weapons

    August 21, 2026

    What Are the Odds of a Yellowstone Eruption?

    August 21, 2026

    Hayden Panettiere Was ‘So Excited’ For Her Birthday Plans

    August 21, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.