Saudi Film Commission publishes first annual report highlighting industry growth

To date, more than SR3.5 billion ($933 million) has been invested in cinema infrastructure, content services, and technology by local and international players. (AFP/File Photo)
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  • The report, released this week, outlined key achievements across the Kingdom’s film sector

RIYADH: The Saudi Film Commission released its inaugural annual report earlier this week, which provided an overview of the Kingdom’s film sector in 2024, the Saudi Press Agency reported.

The report, released this week, outlined key achievements across incentive programs, infrastructure development, festivals and awards, audience and revenue metrics, talent development, and film preservation and archiving.

It showcased the Kingdom’s steady progress in recent years and its ambition to establish ºÚÁÏÉçÇø as a regional and international hub for the film industry.

According to the publication, national incentive programs supported 64 projects, generating more than SR1.08 billion ($288 million) in local expenditure.

Infrastructure developments, including JAX Studios and NEOM Media Village, are highlighted as pivotal to expanding production capacity, while university programs, workshops and specialized training labs have contributed to the qualification and development of Saudi talent, the report added.

In 2024, more than 17.5 million cinema tickets were sold across the Kingdom, with cinema infrastructure expanding to 64 locations and 630 screens.

The number of production companies reached 65, and 14 projects received additional support through incentive programs, with total production spending on supported films amounting to just over SR93 million.

Festivals and events also saw strong engagement, with more than 75,600 participants attending the Red Sea International Film Festival, the Saudi Film Festival, and the Gulf Cinema Festival.

The 2024 Saudi Film Confex drew about 70,000 visitors, resulting in 24 agreements valued at SR226 million. Saudi films continued to gain international recognition, winning 50 awards at festivals worldwide.

The report is intended as a trusted reference for industry stakeholders, professionals and the public, reflecting the Saudi Film Commission’s efforts to consolidate ºÚÁÏÉçÇøâ€™s role as a leader in the global film sector, SPA added.

The full report is available .