Italy's Turin Piedmont Film Commission has teamed up with LA based Endgame Entertainment to launch a USD20.5 million film fund. It has been anounced at the Venice Film Festival the details have now been finalised.
The UK's Pinewood Shepperton studios has recorded a 31% year-on-year increase in half-year pre-tax profits to USD6.7 million.
Florida is offering a 5% off-season bonus for productions shooting 75% or more of their principal photography in the state between June and November. The state also provides a hurricane preparedness plan, which offers productions a decrease in the cost of production insurance.
Plans to improve links between the European audiovisual industry and the rest of the world have been announced by the European Commission.
Since Michigan launched it new incentive programme earlier this year, more than USD150 million in film business has flooded into the state, including Clint Eastwood's newest film, Gran Torino.
Scottish Screen has selected five production companies to receive financing through their Slate Fund. The fund originally intended to offer four companies a share of GBP400,000. The investment in project development now stands at GBP1.1 million over a two year period.
Screen Australia's board met in Brisbane on August 18 and approved a range of projects in all major areas of production.