Investment in film and TV made in Australia plummets by almost 30%, report finds
Global streaming platforms biggest investors but Stan contributed the most locally produced titlesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastInvestment in feature films and television dramas made in Australia has tanked, according to the latest report by the government’s funding body for the screen production industry.In the 2023-24 financial year, spending dropped by almost 30%, Screen Australia’s annual drama report released on Tuesday shows – 10% below a five-year average which included a massive slump in production in 2020 due to Covid-19.Sign up for Guardian Australia’s breaking news email Continue reading...
Global streaming platforms biggest investors but Stan contributed the most locally produced titles
- Follow our Australia news live blog for latest updates
- Get our breaking news email, free app or daily news podcast
Investment in feature films and television dramas made in Australia has tanked, according to the latest report by the government’s funding body for the screen production industry.
In the 2023-24 financial year, spending dropped by almost 30%, Screen Australia’s annual drama report released on Tuesday shows – 10% below a five-year average which included a massive slump in production in 2020 due to Covid-19.
Sign up for Guardian Australia’s breaking news email Continue reading...