A record $718 million dollars has been invested in homegrown film and TV titles during the 2017/2018 financial year, according the annual Screen Australia Drama Report.
Record expenditure on projects like Pirates of the Caribbean has occurred despite the federal government reducing the screen funding body’s budget by over $50 million dollars since 2013.
Screen Australia’s Michael Brealey described the report as a “good news story” that signifies “steady growth” for Australian cinema.