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

 

Season Ends: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news