Original article by Michael Bodey
The Australian – Page: 25 : 3-Aug-15
The total expenditure on Australian film and TV productions in 2013-14 was $A640m. Expenditure fell in 2014-15 and is also expected to be lower in 2015-16. Screen Australia CEO Graeme Mason says the main contributor to the downturn is the decline in offshore funding for local productions. However, Mason anticipates an upturn in the local industry, and notes that Australian TV shows and films are attracting strong ratings and good takings at the box office.
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SCREEN AUSTRALIA, AUSTRALIAN BROADCASTING CORPORATION, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM