News

SVOD companies dish out big money on Australian content, ACMA reveals

Subscription video-on-demand (SVOD) providers including Amazon Prime Video, Disney, Netflix, Paramount+ and Stan have spent $335.1 million on Australian programs in the 2021-22 financial year, Australian Communications and Media Authority (ACMA) revealed.

Detailed in ACMA’s third annual report of SVOD expenditure data, the spend spans an aggregate of  718 shows commissioned, co-commissioned or acquired Australian shows, and saw an increase of $156.2 million compared to the last financial year ($178.9 million).

Heartbreak High. Photo: Netflix

However, the growth was largely driven by Paramount+ joining at the fifth reporting entity this year, alongside greater investment in Australian adult dramas, documentaries, sports and light entertainment.

Commissioned and co-commissioned programs/titles made up about 76% of the total expenditure on Australian programs by all SVOD providers, coming to $253.7 million. These include Netflix’s Heartbreak High, Amazon Prime’s Luxe Listings and Disney’s Last Days of the Space Age.

At the same time, acquisition expenditure amounted to $81.4 million. Most titles were in the Australian sport, Australian adult drama or documentary genres.

Lastly, the expenditure also includes costs of supporting the production of Australian-made content, which comes to $333.4 million from commissioning Australian-related programs, producing foreign programs in Australia and providing long-term employment opportunities through local production facilities.

[click to enlarge]

In June 2022, there were 2,345 Australian program titles available on the 5 SVOD services. Genre-wise, Australian sports and Australian drama are the ones most readily available.

Outside Australia, all providers reported on Australian programs available in Canada, Spain, the UK and the US.

[click to enlarge]

ADVERTISEMENT

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.