Pay TV claims investment in local content up 13%

The amount subscription TV invests in local content has increased by 13% on last year, an industry body has claimed.

The Australian Subscription Television and Radio Association yesterday said that $667m went into local content from July 2011 to the end of June this year.

The announcement comes a month after FreeTV, the body that represents Australia’s free-to-air channels, claimed that the five major commercial networks had invested $1.35bn in broadcast expenditure.

The claims by the TV bodies come as the production sector continues to campaign for the implementation of increased local content investment levels. The increased quota was one of the recommendations of the Convergence Review, which media minister Stephen Conroy has been sitting on since May 1.