Global studios and streamers drive expansion of Canadian production sector: KPMG report

Global studios and streamers have been the driving force behind the expansion of the Canadian audiovisual production sector, with global production fuelling employment at a rate three times higher than that of domestic production over the 2012-2022 period, according to a new report from KPMG commissioned by the Motion Picture Association – Canada (MPA-Canada). Using data from a May 2023 report from the Canadian Media Producers Association, the KPMG report notes foreign location and service (FLS) productions in 2022 accounted for more than half (57 per cent) of total film, television and streaming production volume in Canada, or $6.71 billion of the $11.69 billion...