Impact of streaming services on local productions 'significant and so damaging' - News Summed Up

Impact of streaming services on local productions 'significant and so damaging'


Photo: UnsplashNew Zealand's TV and film producers have joined an international call to action against streaming services. "The impact of these streamers on local productions globally is so significant and so damaging," SPADA president Irene Gardiner said. "They are operating in the local screen ecosystem without paying any local tax or facing any regulation," she said. "[It] has both an impact on the New Zealand economy and a massive cultural impact, we're talking about the ability to tell local stories and create intellectual property." "Probably the simplest way to do it would be to put a small percentage levy on big international streaming companies, where a percentage of their New Zealand revenue is channelled back into local productions," she said.


Source: Stuff January 20, 2024 18:13 UTC



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