The Federal Government has confirmed that Australian shows commissioned by Netflix, Stan and other streaming services will immediately qualify for the Post, Digital and Visual Effects (PDV) and Location Offsets.
Legendary Entertainment’s 'Godzilla vs. Kong' and ABC Studios International’s 13-part series 'Reef Break' will be shot on the Gold Coast, secured by the Federal Government’s Location Incentive Program.
Australia’s post and VFX houses will be major beneficiaries of the federal government’s $140 million Location Incentive Program.
Cuts to ABC programs and services appear inevitable after the government’s decision to slash the broadcaster’s funding by $84 million over three years.
The federal government will allocate $140 million over the next four years as a top-up for the 16.5 per cent Location Offset.
More than 200 screen industry figures have written an open letter to federal MPs warning that Australian story telling is at risk of being drowned out by overseas content.
If the government were to adopt the recent House of Reps inquiry’s recommendations to level each of the offsets to 30 per cent and decouple the Location and PDV Offsets, the total value that offset-supported production adds to the Australian economy every year would grow by almost 35 per cent to $1.6 billion by 2021-22.
Paramount Pictures’ 'Dora the Explorer' will shoot at Village Roadshow Studios in Queensland, it was confirmed on Sunday.