
Articles
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4 days ago |
c21media.net | Natalie Apostolou
The newly re-elected Australian Labor government has reshuffled ministerial portfolios, resulting in a change of guard in the communications department. Anika Wells has been appointed as the country’s new communications minister, although incumbent arts minister Tony Burke has retained his portfolio. The Australia screen sector is currently governed by both the communications and arts ministries.
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4 days ago |
c21media.net | Natalie Apostolou
US indie production finance company TPC has confirmed its entry into the Australasian market with the acquisition of Mind the Gap Film Finance. The Australian acquisition is the latest asset in the production financiers’ expansion of its global footprint, following investments in Canada with acquisition of Vancouver based headquartered production finance and advisory firm Media Capital Group (MCG) last month and the UK where it established a London office late last year.
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1 week ago |
c21media.net | Natalie Apostolou
Australia’s Nine Entertainment is poised to receive A$1.4bn (US$900m) through the sale of its property listings portal, Domain, to US property giant CoStar. After weeks of due diligence by the bidder, which took a 16.9% stake in Domain in February, the pair have negotiated a sale valued at A$3bn.
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1 week ago |
c21media.net | Natalie Apostolou
Screen Australia has secured the former CEO of Every Cloud Productions, Drew Grove, as the agency’s new head of production. In his new position, which starts next week, Grove will oversee the agency’s production investment across feature films, television and online content, working closely with creatives and industry partners.
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1 week ago |
c21media.net | Natalie Apostolou
Australian multi-cultural public broadcaster SBS is poised to expand its production operations with a new hub and talent incubator planned outside Sydney. SBS’s studio and HQ have been housed in northern metropolitan Sydney since launching 50 years ago. After receiving A$5.9m (US$3.8m) in federal government funding late last year to explore expansion opportunities, the network has issued a request for expressions of interest (EOI) from developers.
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