Value of the filmed entertainment market in Australia 2013-2020

In 2025, the Australian filmed entertainment market is forecasted to be worth more than two billion Australian dollars.

Insight into the entertainment market of Australia

During the COVID-19 lockdown, consumers in Australia had significantly increased their screen time by watching films and series at home. This was one of the reasons for a sudden plunge in the value of the filmed entertainment market in Australia in 2020. However, it was estimated that the Compound Annual Growth Rate (CAGR) of the film entertainment market will increase by more than six percent between 2019 and 2024. This will, in turn, create a boom for the entertainment and media industry of Australia as a result of increased spending on entertainment subscriptions by adults in Australia.

Film trends in Australia

In 2021, nearly 50 films were released in Australia. Out of these, Godzilla vs. Kong was the highest grossing film. Moreover, filmmakers and movie theaters had worked in close liaison with Roadshow/Warner Brothers to release movies, making it the most prominent film distributor in Australia.