Original article by Fleur Anderson
The Australian Financial Review – Page: B15 : 4-May-16
Communications Minister Mitch Fifield says a further reduction in free-to-air TV networks’ licence fees will be considered later in 2016. The annual licence fee was reduced by 25 per cent in the Australian Government’s May 2016 Budget. This will make the networks more competitive against streaming rivals such as Netflix, which are not subject to licence fees. The Budget also includes additional funding for the ABC and SBS.
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AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NETFLIX INCORPORATED, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), APPLE INCORPORATED, NBN CO LIMITED