Screen Industry Revenue remains steady

22 06 2007

Total gross revenue for the New Zealand screen industry for 2006 was $2,542 million, similar to the 2005 figure of $2,602 million, Statistics New Zealand said today. The number of businesses working in the screen industry was 2,052, down from 2,058 in 2005. Production and post-production services was again the most significant sector, accounting for $1,206 million, down 6.8 percent from the 2005 figure of $1,294 million.

International contribution to gross revenue for the screen production industry decreased 30.7 percent from $592 million in 2005 to $410 million in 2006. This was largely driven by a 37.7 percent reduction in revenue received from the United States, although this remains the highest international contributor at $325 million. Asian countries as a group are now the second largest international contributor at $26 million, compared with $15 million in 2005.

The overall number of businesses working in the screen production industry in 2006 increased by only 1.2 percent. However businesses indicating both screen production company and contractor activity increased to 234 businesses, up from 144 businesses in 2005.

Feature films and short films remained the largest sub-sector for screen production companies at $333 million, but experienced a 33.7 percent decrease compared with the 2005 financial year. Gross revenue for contractors increased 22.4 percent to $412 million.

This is the second year that Statistics New Zealand has run the Screen Industry Survey, which measures the size and nature of the screen industry. A more detailed report will be released in October 2007.

Geoff Bascand
Government Statistician

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