Screen Producers Australia Predicts U.S. Strikes Will Hit Drama Investment Figures Next Year & Bemoans $260M Drop In Local Stories Spend
deadline.comScreen Producers Australia (SPA) has predicted the uptick in foreign productions shot in Australia will fall next year due to the writers and actors strikes in the U.S.
Responding to funding body Screen Australia‘s Drama Report, which published this morning, producers body SPA said “negative effects”, primarily of the ongoing actors strike, would see the AUD$1.22B ($780M) spent by overseas companies dip.
As we reported in July, the likes of Mortal Kombat 2 and Apples Never Fall temporarily stopped production as industrial action broke out in the U.S., while big budget Apple TV+ series Metropolis was canned over fears around the strikes and spiralling costs.
The Drama Report released today shows foreign investment largely offset significant falls in investment on projects originating from Australia this year, mainly fuelled by feature films such as Kingdom of the Planet of the Apes and The Fall Guy.
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