New Australian-British agreement increases opportunities for co-production in both countries

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SPA-Events.jpgAustralian and British production companies can now benefit from an agreement between Screen Producers Australia and Pact in the UK with the signing of a Memorandum of Understanding (MOU) that enhances co-production opportunities between the two countries.

The Memorandum of Understanding establishes a framework that enables better co-operation and exchange of information between Screen Producers Australia and Pact members, and between the governing bodies of both associations. The MOU also lays down a commitment to help facilitate visiting delegations to the UK from Australia.

This MOU follows international agreements Screen Producers Australia has established with the Producers Guild of America and the Canadian Media Production Association (CMPA).

Says Matthew Deaner, executive director at Screen Producers Australia: “There is a natural synergy between Australian and Britain based on cultural, production and regulatory affinities. We believe co-operation between our associations will further strengthen the opportunities for developing content that resonates with audiences internationally.”

Says John McVay, chief executive, Pact: “TV is a global business and UK independent production companies have seized the initiative in recent years. Exports of indie productions have increased four- fold in just ten years – this agreement with our Australian counterparts is yet another example of our intention to grow our international trade and develop strong and long-lasting business partnerships.”