Film and TV industry contribute $6.1B to economy

The Australian film and television industry injects $6.1B into Australia’s economy according to a report released by Access Economics at the Australian International Movie Convention.

The report assessed the economic contribution of the film and television industry in its entirety, which included large exhibition businesses to online viewings and television networking.

The $6B figure derived from the 2009-10 financial year. The value had increased by $5.1% since the previous assessment in 2006-07.

The figure represents more than that of the aviation industry, which contributed $4.1B.