![]() ![]() Readers should note that all box office figures quoted are in US dollars unless otherwise noted. ![]() virtual disappearance of pre-sales in the A territories for the majority of the films Australian producers are packaging.the substantial reduction in box office for specialty and non-tent pole releases along with the.the collapse of the middle budget market and.the increasing caution of acquisition executives as territory after territory looks to flat or diminishing cinema attendance figures.The reduction in numbers of our titles in international release from the 2015 peak derives from ![]() These 23 titles in international release were supplemented by another 4 titles from prior years play offs – three from 2018 and one from 2015 that continued to move through additional territories. In 2019, 22 Australian films (18 film and 4 feature documentaries) received some level of international theatrical release – down from a record 26 in 2015, but up from 2016 when 16 were released, 2017 with with 14. In reviewing the results, it is worth recalling that in all these foreign territories Australian films complete for screen space with the US majors – just as we do in Australia – and with high profile local language titles as well. The world-wide gap between major tent pole theatrical releases and micro theatrical releases of all English language titles – not just Australian films – continues to accelerate.īut some form of theatrical release however limited remains for many producers a hoped-for result as it is still a significant driver of ancillary revenue – the ultimate all media net result – particularly in territories where legislatively enforced or marketplace dictated windows prevent day and date ancillary release. I have tried to note that release outcome for each title. Unfortunately, there is still very little hard data readily available on the results of digital exploitation despite the fact that for many Australian films – particularly but not exclusively the micro budget titles, these new media outlets have become the only available entrée into the US and many foreign markets. In passing I will also refer to certain titles that have largely bypassed theatrical and were released directly (day and date) or virtually directly to VOD and SVOD in the US and / or Netflix worldwide or pay TV only outside Australia. ![]() In this report we cover films released outside Australia in the period from January 1 st 2019 through December 31 st 2019 using data through December 23 rd 2019. That can be achieved by producers being more rigorous in their project selection through better market place interaction and by being braver in their preparedness to drop projects that do not attract necessary cast packages or cannot be budgeted within the realities of the existing challenging marketplace, and by the industry collectively continuing to pressure government to re-fund Screen Australia to a necessary level.įinally the success stories we achieve need to be more publicised and presented to potential investors to help plug the ever-present gaps in the finance plans these days. ![]()
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