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

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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