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Report Confirms “Collapse” Of Investment In Australian Drama Production, Claims Local Producers Body
Australia has experienced a "collapse" of investment in drama production, according to the country's screen producers body.
While Australia has been on a hot streak when it comes to co-productions and growing its standing as an international production hub via various state and national incentive system’s the reports numbers in stark opposition. This was due to come into effect on July 1, but remains in limbo with levy rates unclear and streamers unwilling to fully commit to the country’s original production sector until they are clear on expectations. Deaner and the SPA have been consistent critics of Netflix, Prime Video and the other global streamers, claiming in July last year that the SVODs acted like “super-trawlers” offering local producers “unfair” deals with “unrealistic” budgets, and this year claiming the failure to implement streaming regulation meant Australia was “on track to develop more as a service provider for Hollywood productions” than an originator of programming.
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