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2013 | 2012 | 2004 | 2001

1 item from 2013


Screen Aus annual production funding - where did the money go?

5 February 2013 10:10 PM, PST | IF.com.au | See recent IF.com.au news »

Screen Australia says it has not mismanaged its finances by spending its annual production funding in just six months - a state of affairs which it says reflects the strength of the local film industry.

The government screen agency revealed in mid-December 2012 that it had spent its entire annual $42 million drama production allocation due to the unprecedented number of quality feature film and television projects seeking support. The shock announcement was reminiscent of the agency's abrupt decision to cut its investment cap in 2009 while several films were mid-financed. That decision.threw several major Australian productions into dissaray including The Tree and the biggest box office hit of.2010, Tomorrow When the War Began (Omnilab Media had to increase its investment at the last minute to ensure production).

Overspending on such a scale has never occurred before, even going back to the era of Screen Australia.s predecessor funding arm, the Film Finance Corporation. »

- Brendan Swift

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2013 | 2012 | 2004 | 2001

1 item from 2013


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