Display screen Australia has confirmed a complete of $1.7 billion spent on drama manufacturing in Movie & TV throughout 2023 – 2024 with $929 million devoted to Australian tales.
This marks a 29% whole decline in comparison with final 12 months, primarily because of a discount in high-budget manufacturing exercise throughout worldwide TV and Australian theatrical options.
$657 million was spent on 55 Australian normal TV/VOD drama titles, in step with the earlier 12 months. This consists of:
Youngsters’s content material continues to be underneath important strain, with eight titles coming into manufacturing, down from 12 final 12 months. Expenditure on this class dropped 29%, with the variety of hours of youngsters’s content material lowering by 42%.
Funding from Australian broadcasters, VOD platforms and distributors elevated by 36% on final 12 months. This accounts for a 3rd of TV/VOD finance in 2023/24 — exhibiting a stronger native contribution to manufacturing prices.
$768 million of whole expenditure in Australia got here from 70 worldwide productions, a 39% lower from final 12 months. This was pushed by much less worldwide TV/VOD manufacturing.
Listed here are key findings and choose excerpts from Display screen Australia’s 2023 / 2024 Drama Report (you’ll be able to learn in full right here).
Complete Expenditure in Australia
$1.7 billion in whole expenditure in Australia got here from 169 Australian and worldwide titles – 29% down on final 12 months’s spend, and 10% under the 5-year common. This represents a strong end result coming off a 3-year excessive expenditure cycle throughout 2020-2023.
$929 million of whole expenditure got here from Australian titles – particularly normal TV/ VOD titles. Complete expenditure was 18% down on final 12 months because of the lack of high-budget Australian options this 12 months.
Australian productions accounted for greater than half (55%) of whole expenditure in 2023/24.
Common TV / VOD:
Subscription TV/SVOD drama continues to be the strongest contributor on this class since 2021/22, aligning with the growth of world streaming platforms into the Australian market and elevated output from Stan. In distinction to the expansion of the FTA TV/BVOD class final 12 months, this 12 months’s expenditure declined considerably and the variety of titles nearly halved.
• $657 million from 55 Australian normal TV/VOD drama titles – on par with the earlier 12 months (down 3%). This class consists of three sub-categories:
º $188 million from 15 Australian normal FTA TV/BVOD titles – spend down 32% on final 12 months, 12% under the 5-year common.
º $467 million from 27 Australian normal subscription TV/SVOD titles – up 17% on final 12 months, 52% above the 5-year common.
º $3 million from 13 AVOD, TVOD and different on-line titles – spend 49% down from final 12 months’s document excessive, and 17% under the 5-year common
Youngsters’s TV / VOD:
Australian kids’s TV/VOD drama consists of all titles created for TV and on-line launch.
In 2023/24, expenditure on kids’s content material remained restricted, with nearly all of titles commissioned by the ABC.
Of the eight titles, 5 have been first launched by the ABC, one by Ten, one by Stan, and one by Fb/YouTube. Six titles acquired funding from Display screen Australia and two titles acquired funding from the ACTF.
• $58 million in expenditure on Australian kids’s TV/VOD titles – 29% under final 12 months, 10% under the 5-year common.
• The variety of kids’s titles diminished from 12 to eight this 12 months, and hours produced declined by 42% to 35 hours.
Finance Sources: TV/VOD by First Launch Platform
• Public broadcasters (FTA channels on ABC, SBS and NITV) – Contribution of $50 million (19% of first launch platform finance), which was on par with final 12 months and the 5-year common. Funding in 17 titles, down 26% on final 12 months and 21% under the 5-year common.
• Business FTA broadcasters (FTA channels on Seven Community, Channel 9, Community 10) – Contribution of $41 million (16% of finance), which was down 38% on final 12 months and 22% under the 5-year common. Funding in 4 titles, down 71% on final 12 months and 60% under the 5-year common.
• Subscription TV broadcasters (Foxtel) – Invested in a single title, down from two final 12 months and the 5-year common of two titles.
• Australian and world streaming platforms (Stan, Paramount+, Netflix, Binge, Amazon Prime, Disney+) – Contribution of $168 million (65% of finance), up 14% on final 12 months and 45% above the 5-year common. Funding in 26 titles, up 53% on final 12 months and 57% above the 5-year common.
Expenditure by Location
Australian Common FTA TV and BVOD Drama
Title | Manufacturing Firm | First-Launch Broadcaster | Display screen Australia Funded |
Austin | Northern Photos Productions Pty Ltd | ABC | Y |
Bay of Fires sequence 2 | Archipelago Productions Pty Ltd, Fremantle Australia | ABC | Y |
Fisk sequence 3 | Origma 45 Pty Ltd | ABC | N |
4 Years Later | Simple Tiger Productions Pty Ltd | SBS | Y |
Residence and Away sequence 37 | Seven Community Operations Restricted | Seven | N |
Women in Black | Bunya Productions Pty Ltd | ABC | Y |
Moonbird | Rummin Productions Pty Ltd, Kutikina Productions Pty Ltd | NITV | Y |
Neighbours 2024 sequence | Fremantlemedia Australia Pty Ltd | Ten | N |
Newsreader sequence 3, The | Werner Movie Initiatives Pty Ltd | ABC | Y |
Plum | Roadshow Productions Pty Ltd, Trendy Convict Movies | ABC | Y |
Return to Paradise | Paradise Productions No1 Pty Ltd | ABC | N |
Swift Avenue | Magpie Photos Pty Ltd | SBS | Y |
Thank God You’re Right here sequence 5 | Thank God You’re Right here Pty Ltd | Ten | N |
Heat Props | Ramu Productions Pty Ltd | SBS | Y |
White Fever | Unruly Productions Pty Ltd, Black Sheep Movies Pty Ltd, Orange Leisure Pty Ltd | ABC | Y |
Australian Common Subscription TV and SVOD Drama
Home
Apple Cider Vinegar | See-Noticed Movies Pty Ltd | Netflix | N |
Black Snow: Jack of Golf equipment | Goalpost Tv Pty Ltd, All 3 Media Worldwide Pty Ltd | Stan | N |
Bump sequence 4 | Roadshow Productions Pty Ltd | Stan | N |
Bump sequence 5 | Roadshow Productions Pty Ltd | Stan | N |
Colin from Accounts sequence 2 | Simple Tiger Productions Pty Ltd | Foxtel | N |
Crucial Incident | Matchbox Productions Pty Ltd | Stan | Y |
Darby & Joan sequence 2 | CJZ Pty Ltd | Acorn Media | N |
Publicity | Thirdborn Pty Ltd | Stan | Y |
Faux | Kindling Photos | Paramount+ | Y |
Good Cop/Dangerous Cop | Jungle Leisure Pty Ltd, Future Shack Leisure | Stan | N |
Invisible Boys | Nicholas Murray Verso, Feisty Dame Productions Pty Ltd, Feisty Asphodel Pty Ltd | Stan | Y |
Final Anniversary, The | Blossom Movies, Made Up Tales Pty Ltd, Fifth Season | Binge | N |
Final King of the Cross sequence 2 | Helium Photos Pty Ltd | Paramount+ | Y |
Slim Street to the Deep North, The | Curio Photos Pty Ltd | Amazon | Y |
Nugget Is Lifeless:
A Christmas Story |
Simple Tiger Productions Pty Ltd | Stan | N |
Scrublands: Silver | Simple Tiger Productions Pty Ltd | Stan | N |
Son of a Donkey | Princess Photos Pty Ltd | Netflix | N |
Sunny Nights | Jungle Leisure Pty Ltd, Echo Lake Leisure | Stan | Y |
Survivors, The | Tony Ayres Productions Pty Ltd | Netflix | N |
Territory | Simple Tiger Productions Pty Ltd, Ronde Pty Ltd | Netflix | N |
Thou Shalt Not Steal | Ludo Holdings Pty Ltd, Since1788 Productions Pty Ltd | Stan | Y |
High Finish Bub | Goalpost Tv Pty Ltd | Amazon | Y |
Twelve sequence 2, The | Simple Tiger Productions Pty Ltd, Warner Bros. Worldwide Tv Manufacturing Australia
Pty Ltd, The Twelve Movies Pty Ltd |
Binge | N |
Yolo: Rainbow Trinity | Princess Photos Pty Ltd, Membership World Pty Ltd | Grownup Swim | N |
Official Co-Manufacturing
Combine Tape (Australia/Eire) Aquarius Movies Pty Ltd, Subotica Restricted Binge Y
Australian Youngsters’s TV and VOD Drama
Title | Manufacturing Firm | First-Launch Broadcaster | Display screen Australia Funded |
Do Not Watch This Present | Wizz Productions Ltd, Studio Moshi Productions Pty Ltd | ABC | Y |
Ginger and the Vegesaurs sequence 3 | Cheeky Little Media Pty Restricted | ABC | Y |
Kangaroo Seaside sequence 3 | Siamese Pty Ltd, Cheeky Little Media Pty Restricted | ABC | Y |
Spooky Information sequence 2 | Tony Ayres Productions Pty Ltd, Megaboom Photos | ABC | Y |
Tales From Outer Suburbia | Flying Bark Productions Pty Ltd, Siamese Pty Ltd, Extremely Spirited | ABC | Y |
Windcatcher | Except Photos Pty Ltd, Each Cloud Productions Pty Ltd | Stan | Y |
With Grace: superb Grace sequence 3 | J.A.M. Productions Pty Ltd | Fb/ YouTube | N |
Worldwide TV and VOD Drama
Kau vs Aku sequence 2 Tradition Unboxed VOD
Ten Pound Poms sequence 2 Stan, BBC Worldwide, Curio Photos Pty Ltd VOD
In all tables Y denotes receipt of Display screen Australia manufacturing funding.
Display screen Australia
Display screen Australia CEO Deirdre Brennan says “Expenditure of $1.7 billion on 169 Australian and worldwide drama productions represents a strong end result after a three-year peak pushed by Australia’s standing as a COVID-safe filming vacation spot, streaming development and numerous high-budget theatrical options.”
“The Drama Report is considered one of many assets offering insights into the alternatives and challenges dealing with the Australian display screen sector. This 12 months’s outcomes verify key tendencies in home exercise, a contraction of free-to-air business TV drama and the growing position of SVOD commissioning. Youngsters’s content material continues to face important strain and stays reliant on authorities assist, so we’re working to broaden the alternatives for improvement of Australian youngsters IP. We may even discover the wants of characteristic filmmakers working within the $1-5 million funds vary, dominant once more on this 12 months’s information.”
“We perceive how aggressive funding is, with Display screen Australia supporting 27% of the direct funding purposes acquired for scripted content material in 2023/24. In an surroundings the place worldwide financing can be more and more tougher to supply, we have to pull collectively as an trade to make sure the sustainability of the sector. Regardless of these challenges, we’re optimistic concerning the future and assured that there might be an uplift in manufacturing within the 12 months forward. Display screen Australia will proceed to collaborate with trade to determine development alternatives and guarantee Australian display screen tales thrive.”
Display screen Producers Australia
SPA CEO Matthew Deaner mentioned, “These figures lay naked what’s an ongoing letdown for Australians from worldwide streaming companies which have disrupted the present display screen ecosystem and acquired a lot from governments in manufacturing subsidies and the Australian public by the use of subscriptions however proceed to return so little to Australians by the use of an acceptable degree of Australian content material (by) these platforms.
“The report additionally factors to a spread of different areas of concern for the display screen trade, together with the drop in Australian theatrical options (expenditure down 42%) and the 28% drop in spending on Australian kids’s TV/VOD titles.
“Alarmingly, Australian kids are discovering it tougher than ever to entry their very own tales on our screens. If it weren’t for the ABC, there could be little or no for our youngsters on their screens, with simply eight kids’s drama titles in 2023/24, and 5 of those from the ABC.
“Given the issues Australian companies have been sharing for some time about commissioning from many companies being ‘on ice’ and the flow-on impact of what is going to be a lag of manufacturing exercise, Australian drama appears extremely susceptible in future years except pressing and rapid steps are taken to stabilise the sector.
“Our native trade is now uncovered to world forces to an unprecedented diploma. That is occurring at a time through which, for the primary time in practically 70 years, there are not any efficient native content material guidelines on the platforms from which Australians obtain their display screen content material.
“The report supplies concrete proof of the necessity for Australian Authorities motion throughout numerous areas. Before everything, we urgently want the Authorities to face up for Australians in opposition to highly effective world pursuits and put some truthful and cheap native content material guidelines in place for streaming providers.
“Different precedence areas embody the necessity for elevated funding for ABC and SBS to place a powerful basis within the cultural constructing blocks of drama, kids’s and documentary packages, and elevated funding for Display screen Australia.
“No authorities can have a look at these figures and conclude that every one is nicely within the Australian display screen trade. Australian audiences should see and listen to their very own tales on all platforms. Nonetheless, this received’t occur till we come to grips with the adjustments wanted to handle the disruption being felt and by serving to to adapt our trade for the digital age.
“Simply as has been the case at many essential factors up to now, it’s nicely inside the energy of presidency to handle these points. With an election 12 months forward, SPA might be working with all main events to develop trade insurance policies that tackle these slides and construct methods for guaranteeing jobs for our trade stay a precedence and that our tales will be discovered on our screens,” mentioned Mr Deaner.