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

 


Screen industry remains above $3 billion


Screen industry remains above $3 billion

10 April 2014

Total screen industry revenue dropped 4 percent compared with 2012 but remained above the $3 billion mark, Statistics New Zealand said today.

Most of this movement came from the production and post-production sector, which fell $190 million. This was partly offset by a $70 million increase in broadcasting and exhibition revenue.

"While revenue has fallen this year, it reached a record high in 2012," screen industry statistics manager Jason Attewell said. "This shows the project-based nature of the industry. Funding for a project leads to a spike in revenue, which drops once the project is completed."

The screen industry is most famously associated with feature films; however, the industry is a product of several sectors coming together. These include television broadcasting, movie exhibition, and distribution.

“We are great consumers of screen media, whether it’s going out to the movies or snuggling up on a couch to watch our favourite TV show,” Mr Attewell said. “Combined broadcasting and exhibition revenue contributed almost 50 percent of the industry total revenue.”

This information comes from the 2013 Screen Industry Survey, which also covers businesses involved in creating films and commercials, as well as distributing all these formats.


• Visit Screen Industry Survey: 2012/13
Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news