Australia expected to Decide on Streaming Rules; Companies Send Joint Letter

Washington – Australia is expected to vote this week on an amendment to an audiovisual bill that would require streaming services to fund the creation of more Australian content. Ahead of a decision, associations representing a range of technology and communications companies sent a joint letter to Australian policymakers noting that this regulation would conflict with the Australia-United States Free Trade Agreement and cost streaming services an estimated $1 billion by 2030.