All action in the Kiwi film industry | BUSINESS News

Kiwis are heading out to see more movies and the silver screen itself is pulling in more cash for the country.

Statistics New Zealand‘s screen industry manager Hamish Hill said feature film revenue was up 15% to more than $700 million.

“This means that almost 1 in every 4 dollars in the industry came from work on feature films,” he said.

Hill said while not every film made in New Zealand becomes a blockbuster, they can still have a big impact on the film industry.

“Over a thousand businesses, both big and small, contracted services to producers of feature film projects. Thirty-five feature films were completed in New Zealand in 2011,” he said.

Sales from completed works rose five-fold to $116 million, according to Hill, and investment in film productions increased by a third.

“Investment gives us some indication of the level of activity going on in the industry right now,” said Hill.

via All action in the Kiwi film industry | BUSINESS News.

Strange Random Movie Quote:

“You know what your problem is, it’s that you haven’t seen enough movies – all of life’s riddles are answered in the movies.” ― Steve Martin

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Posted on April 3, 2012, in Article and tagged , , , , , , , , . Bookmark the permalink. 1 Comment.

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