Back
~
1
min read
· Posted on
July 8, 2024

AFL Grand Final on Netflix? New legislation could make it happen

A new law passed that would allow streaming platforms to outbid local services for the digital rights to major sporting events.

What's the key learning?

  • With the new law passed, we might see a decline on the number of sports telecast viewings in the coming months due to as few audiences watch these shows over free-to-air TV.
  • Streaming platforms like Kayo or Netflix would definitely generate revenue from this - at the expense of sports fans who previously access these telecasts for free,
  • It will be up to the Senate to make the proper amendments on the law to close any loopholes and allow Australians to keep their free-to-air tv sports shows.


👉 Background: Live sports telecasts like AFL Grand Final, FIFA Women’s World Cup, NRL Grand Final, are considered events of national importance and cultural significance. That's why anti-siphoning laws are in place to protect these type of events from being behind a paywall (ahem Foxtel).

👉 What happened: But late last week, a new law passed that would allow streaming platforms to outbid local services for the digital rights to major sporting events.

👉 What else: So while the grand final may be on Channel 7 for free-to-air, the digital rights could be on Kayo...or Netflix. And this loophole will effectively lock out viewers who don’t watch television over an aerial connection - which is a growing number.

What's the key learning?

💡Tech advancements often outpace the legislation that is designed to govern them.

💡The anti-siphoning laws hadn’t been changed since 1992 - that means they haven't been updated to include digital streaming rights. As a result, sporting events can have their digital rights purchased by streaming services.

💡But, many households don’t have aerial connections anymore. In fact, digital streaming makes up 20% of all free-to-air viewing. So it's pretty clear that aerials are going the same way as landline phones…down the gurgler.

Ready to win at money?

Sign up for Flux and join 100,000 members of the Flux family

A button to App StoreGoogle Play store button
Excellent  4.9 out of 5
Star rating