The ABC should make more money, says its new ex-Netflix content chief Chris Oliver-Taylor

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The ABC should make more money, says its new ex-Netflix content chief Chris Oliver-Taylor
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Chris Oliver-Taylor wants to create fewer and better TV shows and films – and find ways to make more money by selling them abroad.

The ABC should earn more money through bigger, bolder and more expensive bets on films and TV, the public broadcaster’s new content boss says.. It has about a third of the ABC’s $1.1 billion annual government-funded budget, which is divided between the news division, run by Justin Stevens, and transmission and infrastructure costs.The ABC has the biggest creative team in the country and commissions the most scripted content, Mr Oliver-Taylor said.

“I think there is additional money to be made for the ABC,” Mr Oliver-Taylor said, adding: “And for the producer. Because if we can get those shows to really sell around the world, then the producer will be in first position to make some money and will be an investor in the show. And we’ll take our fair cut in due course.

The public broadcaster will not be “chasing numbers”. But Mr Oliver-Taylor added, “when you’re spending millions of dollars on a drama, you want people to watch”.Part of the issue is volume. When competing against YouTube, TikTok, Instagram, Facebook, free-to-air networks and an array of streaming services, it is a fierce battle for attention.“If it’s lots of volume, will we deliver the same high quality on all of our work? And I guess logically, we can’t,” he said.

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