Abu Dhabi invests USD1 billion in film
The Abu Dhabi Media Company, through its newly formed subsidary imagenation Abu Dhabi, has launched a USD1 billion investment in feature film and digital content.
The Abu Dhabi Media Company, through its newly formed subsidary imagenation Abu Dhabi, has launched a USD1 billion investment in feature film and digital content.
While the competition to see who can offer the best film tax incentives in Europe hots up to lure the million dollar productions, with the Czech Republic lagging behind the likes of Germany and Hungary, it's business as usual for the Prague commercial industry.
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.
Production on Anne Fontaine’s Coco Avant Chanel is set to begin in Paris on September 15. The film, starring Audrey Tautou, is about the life of the legendary French fashion designer.
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.