Italian audiovisual production crossed €2 billion mark in 2023 amid boom in filmmaking

Oct 17, 2024 129

The value of Italian audiovisual productions crossed €2 billion for the first time in 2023, according to figures from the APA, Italy’s producers association. Production for TV, film and online platforms, including both scripted and unscripted, hit €2.04 billion, up from €1.8 billion in 2022 and nearly double the €1.06 billion recorded in 2017.

Film production was the fastest growth area in 2023, with production revenues rising 21% compared to 8% for TV and 16% for video-on-demand. The number of films produced in Italy – both national and international titles - reached a record 354 in 2023, up from 314 in 2022.

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SOURCE: https://www.screendaily.com

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