Government to invest $20m in games industry; administered by Screen Australia

Federal Minister for the Arts, Simon Crean has announced the government will invest $20m in a games fund over the next three years.

The announcement comes after the screen and gaming sectors have lobbied for games companies to be included within Screen Australia’s Producer Offset scheme, as indicated in SPAA president Brian Rosen’s opening speech on Tuesday.

Crean made the announcement of the new Australian Interactive Games Fund at the Screen Producers Association of Australia Conference in his keynote address.

Crean said: “This $20m fund will help build a sustainable base for the Australian interactive entertainment industry to respond and grow in a global market expected to reach $90.1bn by 2015.”

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