Expenditure on screen production in Australia plunged by 18% in the financial year to June 2020, reflecting a near total shutdown of large-scale drama filming from March, due to the impact of the coronavirus and work from home regulations. But, until the virus struck in the fourth (April to June) quarter much of the industry had been on course for a record year.
“If you think that we lost more than a quarter of our year, three and a half months, but ended down only 18%, that’s a good result. It is only half the downturn you might have thought,” Screen Australia CEO, Graeme Mason told Variety.
The July 2019-June 20202 period saw total production spending of A$990 million ($693 million) coming from production of local and foreign feature, television and online drama titles, as well as post, digital and visual effects, according to Screen Australia’s annual Drama Report. The report counts spending...
“If you think that we lost more than a quarter of our year, three and a half months, but ended down only 18%, that’s a good result. It is only half the downturn you might have thought,” Screen Australia CEO, Graeme Mason told Variety.
The July 2019-June 20202 period saw total production spending of A$990 million ($693 million) coming from production of local and foreign feature, television and online drama titles, as well as post, digital and visual effects, according to Screen Australia’s annual Drama Report. The report counts spending...
- 11/26/2020
- by Patrick Frater
- Variety Film + TV
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