TV content commissioning by streaming companies operating in Australia has tumbled, industry association Screen Producers Australia says.
A recent survey of SPA members found that 80% were experiencing “less” or “much less” commissioning interest from streaming companies, compared with a year ago. Less than 10% perceived more interest and a similar figure felt activity to be “about the same.”
The slowdown stretches across initial meeting activity, development and production. And it is having negative consequences for everything from financing to members’ mental health.