More than $18 million was spent by subscription TV licensees and channel suppliers on new Australian drama applications within the 2022–23 monetary 12 months, in response to new knowledge from the Australian Communications and Media Authority.
The subscription tv’s New Eligible Drama Expenditure compliance outcomes additionally confirmed all seven subscription TV licensees and channel suppliers met the minimal necessities of the scheme.
It doesn’t embody Streaming platforms.
A complete of $18.42 million spent on new Australian drama applications, slightly below the 2021–22 monetary 12 months, when $18.72 million was spent.
Spending on eligible exhibits included:
Dramas – High Country, Love Me (Series 2) and Strife
Feature movies – Elvis and Wyrmwood: Apocalypse
Children’s drama – Bluey (Series 3).
Under the NEDE guidelines, subscription TV licensees that broadcast drama channels are required to speculate 10 per cent of their whole expenditure in new Australian drama applications. This requirement additionally applies to channel suppliers, being corporations that present drama channels to subscription TV licensees in Australia.
The guidelines present for the expenditure obligation to be incurred in a single 12 months and acquitted in both the identical monetary 12 months or the next 12 months. This implies that any shortfalls and surpluses from the earlier 12 months could be carried throughout the next monetary 12 months.
In every monetary 12 months, licensees and channel suppliers should acquit their earlier monetary 12 months’s shortfall for every drama channel, with the intention to be compliant with the principles.
For the 2022–23 monetary 12 months, subscription TV licensees and channel suppliers reported quantities totalling $17 million in shortfalls to be made up in 2023–24.
Drama channels and suppliers: July 2022 to June 2023
Drama channels: BBC First, BBC UKTV, Boomerang, Box Sets, Cartoon Network, CBeebies, Comedy Central, Fox Classics, Fox Comedy, Fox Crime, Fox Funny (broadcast ceased 1 March 2023), Fox One, Fox SciFi, Fox Showcase, Fox Sleuth, Fox 8, Nickelodeon, Universal TV, DreamWorks, PBS Kids and the Foxtel Movies** service (comprising the channels Ultra, Premiere, Hits, Family, Kids, Action, Comedy, Thriller, Romance, Drama, Greats, and Lifetime Movie Network).
**Foxtel Movies comprise 12 film channels however Foxtel reviews this as a single drama service.
Subscription TV licensees: Foxtel, Telstra, and Fetch TV.
Channel suppliers: BBC Studios Australia, Foxtel Management, NBC Universal International Networks Australia, and VIMN Australia.
