First, context: the decline in investments in Australia is a factor, but the political decision regarding streaming quotas is a more nuanced issue. In this regulatory regime, the political will to support local production and cultural sovereignty is often an equally powerful driver, if not more so. For example, countries like Canada have long had local content requirements well before any major investment crisis, rooted in cultural objectives. A simple temporal correlation is here confused with a direct causality, ignoring the complex dynamics of national cultural policies.