Saturday, March 25, 2017

Germany Courting Hollywood with New Film Fund

With the decision to double the budget of the film support granted by the state of Germany (from €75 million to €150 million) by next year, the German government aims to consolidate the competitiveness of Germany as a filming location. Besides the German Federal Film Fund that already supports productions once they are shooting in Germany, an additional new German Federal Film Fund will provide incentives for big-budget films from Germany and abroad. The announcement by Monika Grütters, Federal Government Commissioner for Culture and the Media, follows the German film industry’s requests for structures that will attract producers from other countries so as to create more business for German film studios and VFX companies. This collaboration with international crews is expected to lead to a professionalisation of German film teams.

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