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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

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