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

 

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news