Story by Jesse WhittockDecember 17, 2024 • 10:19 AM
Image from Deadline
scrn logline
Aussie production takes a hit as U.S. labor strife, economic woes, and incentive uncertainty drive 29% decline in drama spending Down Under.
beat sheet
Screen Australia reports a 29% drop in drama production spend in 2023/24, highlighting how turmoil in the U.S. is rippling across the global industry.
Aussie streamers like Netflix and Prime Video were forced to pull back on local content investments amid economic uncertainty, signaling choppy waters ahead for the domestic market.
Story by Jesse WhittockDecember 17, 2024 • 10:19 AM
Image from Deadline
scrn logline
Aussie production takes a hit as U.S. labor strife, economic woes, and incentive uncertainty drive 29% decline in drama spending Down Under.
beat sheet
Screen Australia reports a 29% drop in drama production spend in 2023/24, highlighting how turmoil in the U.S. is rippling across the global industry.
Aussie streamers like Netflix and Prime Video were forced to pull back on local content investments amid economic uncertainty, signaling choppy waters ahead for the domestic market.