Australia’s largest film studio, Fox Studios Australia has today announced plans to purchase Panalux’s entire Australian lighting equipment inventory.
Panalux, Panavision‘s lighting division based in New South Wales and Queensland, has serviced the film industry since 1999 supplying lighting equipment to a large number of local and international blockbusters shot at Fox and across the region.
The purchase of such a significant amount of lighting equipment sees Fox Studios Australia now become Australia’s only complete ‘one stop shop’ film studio, closely resembling Fox’s US studio model and moving away from the ‘dry hire’ model.
Fox Studios Australia CEO Nancy Romano said, “Purchasing and thus keeping, the lighting equipment that has serviced our industry so well over the last 12 years on Australian shores was the primary driver behind our decision. By adding the lighting equipment operation to our studio, it will be easier and more convenient for local and international productions to source lighting equipment whilst shooting on the Fox lot in Sydney, or in any other location in Australia and New Zealand. We see this as an investment in the future of the Australian film industry and know that keeping this equipment in Australia will help contribute to achieving a sustainable industry in the future.”
“Panavision is proud to have supplied lighting gear to the industry for the last 12 years and we will continue to serve our customers until the completion of this transaction,” says Panavision Asia Pacific Managing Director, Martin Cayzer. “Keeping this key piece of lighting infrastructure in Australia is critical for the future of our industry. Our future focus will now be on camera and crane rentals for local and international movies, television series and commercials productions. We also look forward to working on industry projects with Fox Studios Australia.”