Statement from ViacomCBS and Network 10 on the Federal Government’s COVID-19 relief package for media businesses

Statement from ViacomCBS and Network 10 on the Federal Government’s COVID-19 relief package for media businesses

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ViacomCBS Australia and New Zealand chief content officer and EVP, Beverley McGarvey, said:

“The measures announced by the Communications Minister are a great first step in helping us keep our focus on delivering important news and entertainment to our growing community of Network 10 viewers during these uncertain times.

“It’s important to remember that we are only at the beginning of this global crisis and the impacts to our industry, in both the revenue and production capacity, are likely to be felt well into the future. We need to look at further measures in the short-term that will help us plan ahead so we can continue to deliver free, high-quality content to our audiences.

“The Minister was right to release the local content options paper without delay because it gives us the chance to shape the long-term future of our important industry before the impacts of the COVID-19 crisis make the decisions for us.

“We hope that all stakeholders can work together on outcomes that not only build a flourishing local production sector but allow the commercial free-to-air broadcasters to thrive amongst the growing global competition for Australian audiences.”

ViacomCBS Australia and New Zealand chief content officer and EVP, Beverley McGarvey, said:

“The measures announced by the Communications Minister are a great first step in helping us keep our focus on delivering important news and entertainment to our growing community of Network 10 viewers during these uncertain times.

“It’s important to remember that we are only at the beginning of this global crisis and the impacts to our industry, in both the revenue and production capacity, are likely to be felt well into the future. We need to look at further measures in the short-term that will help us plan ahead so we can continue to deliver free, high-quality content to our audiences.

“The Minister was right to release the local content options paper without delay because it gives us the chance to shape the long-term future of our important industry before the impacts of the COVID-19 crisis make the decisions for us.

“We hope that all stakeholders can work together on outcomes that not only build a flourishing local production sector but allow the commercial free-to-air broadcasters to thrive amongst the growing global competition for Australian audiences.”

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