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Funding

Funding is income received from government sources and the private sector with, in most cases, the expectation of recovery. Funding is a significant source of revenue in the screen industry.

Information is for the 2008 financial year, and for the 2008 financial year compared with the 2007 financial year unless otherwise stated.

  • Funding received by screen production companies was $644 million in 2008, a 59 percent increase. 
  • Funding accounted for 23 percent of total revenue for the industry as a whole, and 69 percent of screen production companies’ revenue.

International funding 

  • Most of the increase in funding in 2008 came from overseas funding, which more than doubled over the previous year. 
  • The main contributor internationally was the United States, accounting for 92 percent of international funding, and over half of all funding for the industry.

New Zealand government funding 

  • Of the $276 million in domestic funding, 81 percent came from government sources. 
  • The main contributors to government funding according to survey results were NZ On Air ($68 million) and New Zealand publicly-owned broadcasters ($58 million).

Note: Funding from publicly-owned broadcasters was previously included in general broadcasters, which is a private source of funding.

New Zealand private sector funding 

  • Other private funding increased from $3 million to $17 million.

Funding by subsector and genre 

  • Funding for feature films more than doubled, from $157 million to $353 million. 
  • A large increase in funding for feature films was also recorded in the 2007 survey. This second increase means that for the first time in four years, funding for feature films has surpassed funding for television programmes. 
  • Funding for commercials also increased substantially, up from $3 million to $29 million. 
  • Funding by genre shows that of funding for television programmes ($249 million), entertainment programmes received the greatest proportion. 
  • Funding for entertainment programmes was $79 million in 2008 compared with $58 million in 2007 and $83 million in 2006.

Funding received by screen production companies

See tables 17–20 under Available files for more information on funding in the screen industry.

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