Foxtel to boost investment in Australian content
Foxtel is set to boost its investment in Australian content by tripling the money invested in scripted content each year as the pay-TV network looks to compete with Netflix and Stan’s original series.
Over the next three years Foxtel says it will increase its drama slate to at least five major series each year, up from an average of two, while also investing in new comedy programming.
It will also commission at least nine new premium entertainment and six new documentary series per year with the budget for factual programming also set to to triple.
Foxtel chief executive Richard Freudenstein said in a statement: “We’re passionate about growing the depth and breadth of Australian content on our platforms and we are thrilled to announce that we’re significantly boosting our investment in local commissions.
Foxtel is my only sanctuary, albeit not a very good one, from the crap that free to air TV serves up. Why would they invest good money into the rubbish that is produced in this country ? Are they trying to drive subscribers away ?
Way to go Ken. Don’t you love people with positive attitudes.
The networks both free any pay have no other option that producer much, much more local content as sport won’t be enough in 5 years.
As an Australian actor, this is amazing news!