Production expenditure on scripted screen production in Australia in 2022/23 was the second highest on record at $1.49BN (A$2.34BN) across 213 titles, according to Screen Australia’s annual drama report, but spend on Australian theatrical features declined by 54% from last year.
Spend on scripted screen production was down 4% on last year’s record expenditure but was still significantly above the five-year average, the report found.
Australian titles made up $718M (A$1.13BN) of that expenditure with decreases in spending by Australian subscription TV and SVOD services.
However Free-to-Air (FTA) TV and Broadcaster Video-On-Demand (BVOD) providers helped offset those declines with spend on titles such as Total Control Series 3, RFDS Series 2 and While The Men Are Away.
Read more on deadline.com
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