Monday, 16 December 2024

Investment in film and TV made in Australia plummets by almost 30%, report finds

Global streaming platforms biggest investors but Australian company Stan contributed the most locally produced titles

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 2023-2024 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...

from World news | The Guardian https://ift.tt/IdL1Qzb

No comments:

Post a Comment

Ex-drug lord Fabio Ochoa walks free in Colombia after 20 years in US prisons

Victims of MedellĂ­n cartel demand justice as some express dismay former mob boss faces no charges in Colombia The return of former drug tra...