Spending and targets

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Spending and targets: 2023 to 2024

In aggregate, the subscription TV industry spent $32.54 million on Australian drama programs in the 2023 to 2024 financial year.

Spending on eligible shows included:

Dramas – Critical Incident, Colin from Accounts (series 2) and The Twelve (series 2).
Feature films – Little Tornadoes, We Are Still Here and Mercy Road.

These tables provide total industry results aggregated across licensees, channel providers and pass-through providers.

Table 1: Compliance snapshot

	2018–19 ($m)	2019–20 ($m)	2020–21 ($m)	2021–22 ($m)	2022–23 ($m)	2023–24 ($m)
Total spending on new Australian drama in financial year	24.67	13.74	8.75	18.72	18.42	32.54
Were all minimum spending requirements met?	Yes	Yes	No	Yes	Yes	Yes

Table 2: Compliance analysis

	2018–19 ($m)	2019–20* ($m)	2020–21* ($m)	2021–22 ($m)	2022–23 ($m)	2023–24 ($m)
Total new drama spending target	26.36	13.56	11.65	29.08	27.79	10.63
Total amount of current year spending on new Australian drama plus total previous year carry-forward (as nominated toward target)	26.29	13.54	11.63	20.48	10.80	10.63
Total shortfall to be made up next financial year	0.07	0.04	0.03	8.60	17.00	0.00

* Results reflect the ACMA’s temporary relief due to COVID-19 impacts on content productions and supply chains.

All licensees met their minimum spending requirements in 2023–24.

There was no expenditure shortfall required to be made up in 2024–25.