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Highlights

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

Industry revenue 

  • The New Zealand screen industry recorded total gross revenue of $2,743 million in 2008, an 11 percent increase. The majority (75 percent) of this increase came from a rise in funding for feature films, up $196 million. 
  • Television broadcasting had the highest gross revenue of the four screen industry sectors, at $1,155 million. 
  • The screen production sector, comprising screen production companies and contractors, had revenue of $1,266 million. Of this revenue, 75 percent was for production activity. 
  • Of the screen production subsectors, feature films was the biggest revenue earner, accounting for half ($637 million) of all screen production sector revenue.

Expenditure by screen production companies 

  • Expenditure on screen productions was $875 million, up 30 percent. 
  • Spending in the Wellington region more than doubled, up from $128 million to $285 million. This increase accounted for 78 percent of the total increase in expenditure. 
  • The television programmes subsector was where the most money was spent; it accounted for $357 million of total expenditure. By contrast, feature films, which was the biggest earner in 2008, had expenditure of only $346 million.

Funding 

  • Funding received by screen production companies increased 59 percent, to reach $644 million. Most of this increase came from funding for feature films, which more than doubled from $157 million to $353 million.

International contribution 

  • The United States' contribution to New Zealand screen production companies nearly doubled, up from $242 million to $481 million; 75 percent of this rise was due to an increase in funding.

Digital recording 

Screen production companies were asked to indicate whether they had used digital formats to record screen production work. 

  • 79 percent of screen production companies indicated they had used digital formats for recording. 
  • Since this survey was first run, the percentage of work recorded using digital formats has risen, from an average of 74 percent in 2005 to an average of 88 percent in 2008.

Contributors to financial growth 

  • According to 83 percent of screen industry businesses, availability of technology or resources was a contributor or major contributor to financial growth. 
  • In line with results from 2007, businesses were divided in their opinion of the impact of the regulatory environment on financial growth. Nearly half (46 percent) of businesses sited it as a contributor or major contributor to growth, while 54 percent sited it as a barrier or major barrier.

In addition to information published in the Screen Industry Survey: 2007/08 in May 2009, this report includes information about: 

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