Industry Analysis & Industry Trends
The increasing digitisation of media has changed the way that visual entertainment and films are delivered to households, with a variety of new media and formats changing the industry's operating landscape. Industry performance is linked to box office takings at cinemas, and film distribution to free-to-air TV, pay TV and other networks. Combined sales and rentals of DVDs and Blu-ray Discs have decreased over the past five years while film piracy has increased steadily, to the industry's detriment.
Film and video distributors need to have solid agreements with local and international film libraries and producers to guarantee a steady flow of video products for clients. Keeping up with technological advancement is also important... purchase to read more
Industry Report - Industry Products Chapter
The main product supplied by the industry is movies, which can be segmented by revenue generated from each classification rating: G-rated, PG-rated, M-rated, MA15+ rated, R18+ rated, X18+ rated, and refused classification, or RC-rated. The Classification Board and the Classification Review Board are expected to receive about 2,500 films for classification in 2016-17, down from 5,579 in 2010-11 due to fewer films being made each year. The Commercial Television Industry Code of Practice carries out a similar role for free-to-air television content. Most films and TV shows, whether produced in Australia or internationally, are required to be classified before they can be sold, hired or shown publicly in Australia... purchase to read more