Australian drama productions hit record $1.9 billion expenditure

 A new report released today by Screen Australia shows a record-breaking level of expenditure on drama productions in 2020/21, but Screen Producers Australia (SPA) has rung alarm bells as most of the growth has come from foreign productions.

Screen Australia’s 31st annual ‘Drama Report’ found $1.9 billion was spent on drama productions in Australia, made up of $1.04 billion on foreign productions produced or post-produced here, and $874 million on Australian-backed projects.

This compares to a pre-pandemic spend of $413 million on foreign productions and $797 million on local content in FY19.

Read More:  https://www.businessnewsaustralia.com/articles/australian-drama-productions-hit-record-expenditure.html



Comments

Popular posts from this blog

Loyalty Program Strategies for Driving Profits in Business

Anzac Day commemorations give hope to World War II veteran who saw Sydney Harbour bombed

7 Leadership Strategies for Winning Hearts and Minds