The creative team behind Red Dog is reuniting for Blue Dog, an origin story which will serve as a stand-alone film and form part of the franchise that will continue with Yellow Dog.
The National Film and Sound Archive and the Australian Film Television and Radio School have not escaped unscathed from the federal Budget cuts.
Screen Australia will be $38 million worse off over the next four years due to the federal Budget cuts.
The ABC and SBS will lose a combined $43.5 million in funding over four years and the ABC's contract for the pan-Asian Australia Network is being terminated.
Screen Australia is proposing a new title and a change of focus for its Enterprise funding program following a review of the scheme.
The Hollywood film funding arm of Village Roadshow is negotiating a co-funding deal with Sony Pictures Entertainment.
Documentaries on the 2004 Boxing Day tsunami, mining uranium and road train drivers traversing the outback have received funding from Screen Australia
Mario Andreacchio's AMPCO Studios has clinched financing and production deals with Chinese entities for two films and created a China co-production film fund with an initial capital of $15 million.