СÀ¶ÊÓƵ's creative industries are getting a $42-million funding injection from the СÀ¶ÊÓƵ government in a move that Victoria is calling the "largest-ever single investment in the creative sector."
The funding will go to the independent society Creative СÀ¶ÊÓƵ to provide grants to help finance creators and businesses when creating content.
The new funding includes:
- $22.5 million over three years for Creative СÀ¶ÊÓƵ's Amplify СÀ¶ÊÓƵ program to build the province’s music talent and help launch careers;
- $15.9 million over three years to support СÀ¶ÊÓƵ’s domestic motion picture productions, workforce and creators, which includes $900,000 for programs that focus on developing workers’ skills, recruiting more workers from under-represented groups, and supporting practices that are environmentally friendly;
- $3 million over three years for a new program to support innovation and growth for independent СÀ¶ÊÓƵ-owned interactive digital media companies; and
- $600,000 over three years for the publishing industry, as announced on April 17, 2023, to address immediate supply-chain challenges and provide additional support for a sustainable future.
"Amplify СÀ¶ÊÓƵ is a program that Creative СÀ¶ÊÓƵ manages, not a separate organization," " Gill explained to BIV in an interview. "There are a variety of grant programs. We also support Music СÀ¶ÊÓƵ."
The First People's Cultural Council's Indigenous Music Initiative is one example of a program that Amplify СÀ¶ÊÓƵ funds.
The government said in a release that the decision on the funding came after it heard from the sector that the music and publishing industries were continuing to struggle, and that the motion picture and digital media industries needed support to take advantage of opportunities.
The new money is intended to help attract business and promote more creative-sector activity in СÀ¶ÊÓƵ
It is also intended to strengthen the sector to better weather global shifts. Many in the sector are between the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers.
The $42 million will also sustain the sector and help it compete with similar industries in other regions.
Nearly 120,000 people work in СÀ¶ÊÓƵ’s creative industries.