Australian producers are facing a triple whammy when it comes to financing and releasing their films in Australian cinemas, with no relief in sight while digital revenues remain modest.
The Motion Picture Distributors Association of Australia have confirmed today that local films enjoyed their best year ever at the BO in 2015.
A new initiative from the National Association of Cinema Operators (NACO) and the Motion Picture Distributors Association of Australia (MPDAA) will provide two Indigenous filmmakers the opportunity to attend AIMC 2016.
Research commissioned by the MPDAA and carried out by SARA in June showed patrons who go to the cinema every two weeks or more were just 10 per cent of the moviegoing universe, down from 14 per cent a year earlier.
“If as an industry we think we can rest on our laurels and young people will continue to go to the cinema without offering them a great experience we are sadly mistaken.”
Coming off an all-time industry record in 2016, the Australian theatrical market lost a bit of momentum in 2017 – a cyclical downturn which does not worry distributors or exhibitors.
Australian moviegoers are far less receptive to Hollywood action/adventure movies than US audiences, according to a new study.
Admissions at Australian cinemas have been flat or falling for 15 years, interspersed with a few upticks -- despite hikes in ticket prices, the addition of new screens and an annual net population gain of 300,000.