The film makers split from the Aotearoa Film & Television Awards, amid complaints that the TV stars were hogging the limelight.
Screen Directors' Guild executive director Anna Cahill said the film industry had discussions since the split but no firm progress was made. "We would've liked to continue but we were too stretched resources-wise, in terms of man hours in the office."
Cahill said it would take about eight months to organise an awards comparable to the AFTAs. Even if a major sponsor wanted to bankroll a 2012 film function, it was probably too late, Cahill said.
"I just don't think it's likely that there are going to be any this year."
NZ Film Commission spokeswoman Gina Rogers said the commission would support a film awards night, but leadership in organising the event was needed.
"If someone wants to lead on this then we're very keen to get behind them," Rogers said.
"We'd be keen to talk to them about providing support." This support could include logistical and financial backing.
Rogers said big awards functions offered the industry multiple benefits. "It celebrates New Zealand, it highlights New Zealand film, and it recognises excellence in New Zealand film."
The TV industry has already secured sponsors for an awards function in November.