Commissioning by streamers in Australia has plummeted to a new low, according to a new report published today by the Aussie industry union Screen Producers Australia (SPA).
The SPA’s report surveyed its members with 80% of respondents citing “Less” or “Much Less” commissioning interest from streaming services compared to last year.
Respondents to the survey quoted a range of negative impacts of the slowdown, including the mental health of crew to the financing of projects, with 54% stating the slowdown had impacted every stage of the production process, from initial meetings to development and into production.
When asked what the most common reason given by the streamers for the slowdown was, the SPA report says respondents named a “global slowdown in investment” as the top reason while several noted “awaiting government regulation” as the true undercurrent that has affected the industry productivity.
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