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

 

Scoop Business: RBNZ Starts Talks On Tougher Rules For Property Speculators

The Reserve Bank of New Zealand is stepping up preparations to restrict lending to residential property investors as it watches house prices, particularly in Auckland, continue to rise strongly. More>>

ALSO:

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news