Capture broadcast quality sound with this compact, solid state, four channel field recorder on any size production. Hire it from Metro Screen for just $75/day.
Editing & effects connected like never before, at a price never seen before. Until Jan 25th 2013, you can get Autodesk Smoke from Digistor for 20% off. Combine the leading editing & effects software with a system & support from Digistor.
Do you agree that the producer offset should be raised from 20 to 40 per cent for television?
Yes
No
|
Co-productions outperform local films: Screen Australia report
[Thu 02/08/2012 05:21:05]
By Brendan Swift
Australian co-productions have larger budgets, attract higher box office takings and are released theatrically into more countries than domestic productions, according to new research by Screen Australia.
Co-productions were released in an average of 7.5 countries per title (excluding Australia) compared to 5.7 countries for domestic productions between 2007 and 2011. Co-productions also grossed a median international box office of $US1.2 million compared to $US300,000 for domestic productions (although a small number of local, studio-backed films such as Australia and Knowing pushed the average international box office of domestic productions to $US12.4 million compared to $US2.5 million for co-productions).
Two-thirds of co-production features made between 1990-91 and 2010-11 had budgets over $10 million (when adjusted for inflation), compared to just 12 per cent of all Australian features made during the same period, according to the report.
“Co-productions have been a significant form of international collaboration and exchange since the inception of the co-production program in 1986,” Screen Australia chief executive Ruth Harley said in a statement. “We believe that co-productions could be used more often and to great effect by the Australian film industry. Our analysis of the contribution of Australia’s co-production output to date supports our argument.”
The Screen Australia report, titled Friends with Benefits: A Report on Australia’s International Co-production Program, was launched at the Melbourne International Film Festival’s (MIFF) 37°South Market and includes information on Australia’s 11 official co-production partner countries. Co-productions automatically qualify for government finance in Australia and in the partner country.
The full co-production report is available at the Screen Australia website. Screen Australia also launched a free iPhone app, Doing Business with Australia, aimed at assisting producers working in the international marketplace.
Simple Answer they have more respect for overseas companies than Domestic. Screen Australia need to have a Mandate - they do not make movies for the Australia movie goers, they make films for the festivals, co-pro's want more commercial material. Screen Australia need to promote more wide slate of concepts, wide range of genres... it's not any more complicated than that
