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Subscription TV invests $796 million in Aussie content in 2014/15

The subscription television industry has invested a record $796 million in Australian screen content in 2014/15, according to new figures released today at the ASTRA Conference.

The investment included a record $25 million in factual programming to coincide with the centenary of the ANZAC landing at Gallipoli, with programs including Deadline Gallipoli and The Memorial: Beyond the ANZAC Legend, as well as local documentaries Abalone Wars and Coast Australia.

ASTRA chief executive, Andrew Maiden said the industry’s $796 million investment in local screen production was at a record high, "reflecting the unprecedented desire of Australian audiences to watch Australian stories,” he said.

“Audience research shows a renewed interest in local content, making Australian production a key differentiator for the subscription television industry at a time when new streaming services are entering the market.

“This year’s expenditure brings to $6.5 billion the value of our total investment in the Australian production sector in the past decade,” he said.

Measured by hours, sport represented the largest genre on subscription television, with more 23,180 hours of first run Australian content broadcast during the period.

ASTRA members also exported 13,119 hours of local content to overseas audiences, helping promote Australian stories to audiences throughout the world.

For the first time the ASTRA survey measured the production of digital content by subscription television channels, revealing that 1243 hours of digital content had been produced for digital consumption outside traditional broadcasts.

 The figures, audited by PwC, also showed that employment had grown to 8370 jobs, and the industry grew the economy by more than $2 billion.

The Australian Subscription Television and Radio Association (ASTRA) is the peak body representing the subscription media industry in Australia.  Members include television operators, independent content companies, technology companies and the industries that support them.

  1. Something tells me that the above article is a press release designed to make the readers feel good and positive and excited about something. it has lots of benediction and lots of impressive figures dotted about, but actually tells us very little, except that it is good.

    We are told that the latest investment in screen production is a “record high,” and so it should be, there are more screens to fill, more people paying for and demanding content, and any investment in anything stands a chance of being a record high compared to its history.

    The television companies should be producing their own drama and documentary content, but they believe they will stand a better chance of easy money by leaving that to a veritable wheat field of production companies (thus spake the Bean Counters after all) production companies with no idea about drama or documentary production, will try to push so called “reality” and other associated schlock, it will all become grist to the great grinding mills of production.

    Well, at least the mills have been started with a record high investment for screen content, but when the chaff and the husks have been separated from the wheat and the barley, with what kind of flour shall we end up?

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