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U.S. Labor Strikes, Economy & Incentive “Uncertainty” Led To 29% Declines In Drama Spend, Says Screen Australia
DeadlineStory by Jesse Whittock
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.
call sheet
Screen Australia, Netflix, Prime Video, The ABC