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

 


Wellington film sector goes from strength to strength

Wellington film sector goes from strength to strength


Official figures released today show Wellington continues to lead the country’s film industry, with businesses in the region earning $700 million from films in 2013 – 81 percent of all film revenue in New Zealand.

Statistics New Zealand’s 2012/2013 Screen Industry Survey found that Wellington earned the lion’s share of feature film revenue and revenue from post-production work and digital effects.

While the $700 million in feature film revenue is a drop from a record high in 2012 when the Wellington region earned $828 million from film – it is still $200 million more than in 2011.

Of that, $495 million was earned in post-production, up nine percent on last year and representing 75 percent of New Zealand’s total. Furthermore, 62 percent of the country’s post-production businesses are based in the Wellington region.

Gerard Quinn, Chief Executive of Grow Wellington, the region’s economic development agency says this is yet another excellent result for the screen sector. Through its screen programme Film Wellington, Grow Wellington works closely with the sector and promotes the region as a screen production destination.

“We’ve seen a number of major foreign-financed projects come to Wellington, both for production and post-production. All this international revenue flows into the regional economy,” says Mr Quinn.

“As well as the big players, a large number of mid-tier and emerging businesses are taking their skills to a global market. All these businesses provide work for people with outstanding creative and technical skills and help to attract talent from overseas.”

Mr Quinn says that screen revenue will begin to balance out between the regions – Auckland is particularly strong in TV production – as recent changes to government incentives see a shift from fee-for-service to original content creation and exploitation.

“Wellington’s high end international television capability is poised to re-emerge and evolve along with transmedia and gaming. New platforms will open up new audiences and new markets.

“We congratulate the Wellington screen sector on yet another great result.”

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Revenue Renewal: Tax Modernisation Programme Launched

Revenue Minister Todd McClay today released the first two in a series of public consultations designed to modernise and simplify the tax system. More>>

ALSO:

Scoop Business:
NZ Puts Seven New Oil And Gas Areas Put Up For Tender

A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to concentrate activity in a few strategically chosen areas. More>>

ALSO:

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news