ACMA reveals SVOD players spent $324 million on Australian programs
The expenditure is down from $335 million the previous year
Subscription video-on-demand (SVOD) providers Amazon, Disney+, Netflix, Paramount+, Prime Video and Stan spent $324 million on Australian programs in the 2022–23 financial year, according to data from the Australian Communications and Media Authority (ACMA).
The expenditure is down from $335 million the previous year and included a $35 million decrease in commissioned programs largely within the adult drama and documentary genres and a $24 million increase in expenditure on acquired programs.
The data, which is provided to ACMA on a voluntary basis, revealed an additional $453 million was spent by the SVOD providers on acquiring, producing or investing in 39 Australian-related programs, however, these did not meet all of the criteria to be classified as Australian content.
This criteria includes commissioning Australian-related programs, producing foreign programs in Australia, and providing long-term employment opportunities through local production facilities.
The report revealed that while overall investment dropped, Australian audiences were able to watch more Australian content across all five SVOD platforms - with an extra 1412 program titles now available, bringing the total to 3,757 Australian program titles.
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