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Taiwan invests USD228 million in film industry
The Taiwanese government will inject USD228 million into its film industry over the next five years. The government hopes that this will accelerate what is already a growing industry for the country. It is particulalry interested in increasing co-productions and…
2008 film revenues for Illinois pass USD141 million
According to reelchicago.com, the State of Illinois' 2008 film revenues have edged a little closer to the 2007 record of USD155 million thanks to Michael Mann's blockbuster Public Enemies. It is estimated that the film spent USD25 in the state…
Abu Dhabi Film Commission announces USD100,000 screenwriting grant
The newly formed Abu Dhabi Film Commission (ADFC) has opened the 2009 Shasha Grant competition. Those interested are invited to submit their scripts, by the 15th of July, to the ADFC. The winner will receive a USD100,000 screenwriting grant to…
Cambodian festival faces financial difficulties
Cambofest, Cambodia's first and only internationally recognised independent film festival, is facing closure due to an emergency funding shortage. The organisers of the festival are calling for contributions to help support it. Cambodia's film industry, and its media sector in…
Screen Australia Get the Picture update
Screen Australia's latest 'Get The Picture' email update shows a number of interesting figures for the Australian industry. The following is taken from the update: In 2008, the Australian cinema box office was AUD945.4 million, the highest annual gross on…
New Singapore initiatives to entice international film industry
The Media Development Authority of Singapore (MDA) have announced several new initiatives as part of its Singapore Media Fusion Plan (SMFP). Using the SMFP, the MDA is trying to attract the world's creative community to partner with Singapore companies as…
Russia announces changes to Studio structuring
The Russian government has announced details of their development programme for state-run studio facilities. Studio complexes will be consolidated and private investors will be brought in. Moscow’s Gorky Studio will obtain control of smaller Kazan Studios in the Volga region…
USD1.5 million still available in Florida
The Governor’s Office of Film & Entertainment in Florida has announced that a film has dropped out of Queue ‘A’. This means that USD1.5 million of the 2008/2009 financial incentives fund is available again. Money is also still available in…
FFA confirm funding
The German Federal Film Board (FFA) has finally agreed its budget for 2009. It is understood to be close to last year’s EUR70 million. The FFA can now resume funding, including paying producers “reference funding” for successful 2008 projects. The…
Shine Group buys Metronome for USD88 million
UK based Shine Group has acquired the Nordic region's largest production group, Metronome Film & TV for USD88 million. It increases Shine's international presence to nine territories on three continents and includes all 15 companies under the Metronome umbrella. Elisabeth…