Global Screen Production Bodies Unite To Demand Action On Streaming Regulation
17.01.2024 - 13:33
/ deadline.com
Screen bodies around the world are uniting in an unprecedented attempt to get governments to take action on streamer regulation.
Twenty influential screen production organizations have issued a statement demanding lawmakers protect producers and local content.
The joint statement (read it in full below) from production bodies from Canada, Australasia, Europe and Latin America lays out several guiding “principles,” the most important of which relates to growth opportunities and independent IP ownership.
It also calls for governments to address how content is considered, the importance of local stories, financial arrangements, up-skilling and approaches to market failure.
Notably, today’s statement calls on government frameworks to ensure a “majority” of streamer investment should be “through projects where IP is under the control of independent screen businesses.” This would ensure indies “remain strong and sustainable” and able to invest in, develop and produce new IP that taps into “a nation’s own unique cultural heritage.”
It also added that, “Government has a role to address market failure and any imbalance in commercial bargaining power.”
Streaming regulation is set to be among the biggest talking points of this year, with laws forthcoming in countries such as Australia and Canada, as debate rages around the world. Streaming residuals and compensation were key talking points in the U.S. writer and actor strikes last year.
On one side, producers and indies want to ensure global streamers are duty-bound to invest in local content, while on the other the likes of Netflix, Prime Video and Disney+ consider their current strategies beneficial to local markets and reject the need for state intervention.
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