Motion Picture and Video Production in Australia - Industry Market Research Report

Motion Picture and Video Production in Australia
The Motion Picture and Video Production industry has been volatile, but the Federal Government's financial incentives for film and TV production have supported industry revenue. These incentives include cost rebates for domestic film and TV productions, shooting international film and TV projects in Australia and conducting post-production work in Australia regardless of where the project was shot. Government rebates have encouraged overseas producers to shoot several large projects in Australia, including Aquaman and Pacific Rim Uprising. Film production's project-based nature means that industry revenue can shift dramatically from year to year. The COVID-19 pandemic has also significantly influenced the industry, disrupting production activity. Revenue is expected to rise at an average of 7.4% per year over the five years through 2023-24, to $4.2 billion. This trend includes an anticipated bump of 0.1% in the current year after significant growth in the previous year.

Industry companies produce motion pictures, videos, TV shows and commercials. Industry firms record and store these productions on a range of media, including analogue and digital visual media such as film or video (including DVD and Blu-ray).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.