Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Wellington’s Film Industry Continues to Grow

9 April 2013

Wellington’s Film Industry Continues to Grow

The film industry remains one of Wellington’s greatest assets, according to data released by Statistics New Zealand today, says Wellington Employers’ Chamber of Commerce CEO Raewyn Bleakley.

The figures show that revenue from film in Wellington generated $828 million in 2012, up 67 percent from $495 million in 2011. And they show the region continues to outstrip the rest of New Zealand when it comes to expertise in post-production and digital graphics, animation and effects, with 60 percent of post-production businesses based in Wellington, compared to 31 percent for Auckland and 10 percent elsewhere. In 2012, total revenue from digital was $482 million – or $9 from every $10 earned.

“These numbers prove just how valuable this industry is to the city and the region,” Ms Bleakley says.

“When it comes to ensuring the city remains a great place to do business in, the council and business must remind themselves of exactly what this industry generates in terms of income and jobs.

“Our leadership in digital graphics, animation, and effects has commercial benefits that extend outside the film sector. They help form the image internationally of a vibrant and forward-thinking 21st century city, and that in itself is a great marketing tool that we must strive to maintain.”

Click here to access the Statistics New Zealand data

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Interest Rates: Wheeler Hikes OCR To 3% On Inflationary Pressures, Eyes Kiwi

Reserve Bank governor Graeme Wheeler lifted the official cash rate for the second time in as many months, saying non-tradable inflationary pressures were "becoming apparent" in an economy that’s picking up pace and he's watching the impact of a strong kiwi dollar on import prices. More>>

ALSO:

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news