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Victorian Government Invests $191 Million Into The Screen Industry

May 11, 2021

A win for cinema lovers, the Victorian government is investing a record $120.7 million in a bid to strengthen the state’s film, television, and digital games industry.

VICSCREEN comes as Victoria’s first screen strategy in over a decade, committing a total of $191.5 million over the course of four years. 

The investment strategy is projected to support more than 40,000 screen jobs and foster new talent, while predicted to inject over $1.2 billion back into the state’s economy.

Alongside film and television projects, VICSCREEN will prioritise career and development programs for Victoria’s screen workers. The launch will also offer support for video game development, training in visual effects, games and animations, and e-sports events.

Robot animation on computer screen

Following the success of the 2020 film The Dry, VICSCREEN will build on local productions, as well as the $46 million Docklands Studios Melbourne expansion and the $40 million Australian Centre for the Moving Image (ACMI) revamp.

Events and festivals will get continued support, as the strategy promises to revitalise Melbourne International Film Festival to help boost its international profile. Meanwhile, ACMI will continue its work on developing new exhibitions, following the success of Story of the Moving Image.

With Film Victoria leading its implementation – and developed in collaboration with Docklands Studios Melbourne, ACMI, Creative Victoria and industry stakeholders – VICSCREEN is set to place Victoria at the forefront of a booming industry.

“The reputation of our screen industry is world-class and through VICSCREEN we will grow jobs, foster local talent and put Victorian projects on the map,” Minister for Creative Industries Danny Pearson shares in a statement.

“We have an enormous pool of talent here in Victoria and this strategy will build on our strengths and position the industry for growth for decades to come.”

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