Screen Australia have released their Drama Report for 2023/24. Inside this report are valuable insights into our shared challenges.
"The data shows a total of $1.7 billion spent on drama production in Australia, with $929 million dedicated to Australian stories. This marks a 29% total decline compared to last year, primarily due to a reduction in high-budget production activity across international TV and Australian theatrical features.
Global economic conditions continue to impact screen production, with disruption across distribution platforms, business models and audience shifts influencing the market."
In an article from Deadline they offer up perspectives from Screen Producers Australia, "The SPA claimed these falls could have been avoided had the government enacted legislation to impose local quotas on streamers. This was due to come into effect on July 1, but remains in limbo with levy rates unclear and streamers unwilling to fully commit to the country’s original production sector until they are clear on expectations."
It's useful to know that even across the ditch we are all experiencing similar challenges and changes as we navigate unknown territory. Take a look at the report and the varying ideas and opinions laid out in these articles, as these discussions will continue in Aotearoa as we move forward.