Australia Reports Record Drama Production Expenditure Of $1.5BN; Spend Shifts Towards Local Films & Series As Streamers Ramp Up Investment

Production expenditure on Australian scripted content reached an all-time high of A$2.29BN ($1.47BN) in the 2021-2022 period to June, according to Screen Australia’s annual drama report, with a record A$1.51BN ($977M) spent on Australian titles and A$777M ($503M) on foreign productions. ; Overall, A$2.29BN … Read entire story.

Source: Deadline