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Florida offers bonuses to productions
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…
Pinewood Shepperton profits rise
The UK's Pinewood Shepperton studios has recorded a 31% year-on-year increase in half-year pre-tax profits to USD6.7 million. Revenues rose 19% to USD39.9 million with revenues from film up 20% to USD23.8 million. The studios have hosted the 007 film…
EC to fund European audiovisual industry
Plans to improve links between the European audiovisual industry and the rest of the world have been announced by the European Commission. An initial EUR2 million of funding will be provided by Media Intenational to look into options for a…
Michigan's film incentive has productions pouring in
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. The state has approved 53 films to date. There are also…
Indiana film incentive fails to raise interest
The state of Indiana's new film incentive legislation, introduced at the start of July, has yet to receive any interest from the industry. Its Expenditure Tax Credit incentive (a refundable tax credit of up to 5%) has failed to entice…
Scotland backs production companies
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…
Screen Australia approves 25 projects for production
Screen Australia's board met in Brisbane on August 18 and approved a range of projects in all major areas of production. In total 25 projects were approved for funding during August, with a production value of USD86 million. This includes…
Hungarian film incentive increased
Hungary’s tax relief system for the film industry has been amended to encourage even more production in the Eastern European hub. The cash rebate of up to 20% of eligible Hungarian production expenses has been amended to include a further…
Ruth Harley to head Screen Australia
Ruth Harley has stepped down as chief executive of the New Zealand Film Commission to take the same role at Screen Australia. She will be taking over from Lyn Maddock on November 15. Maddock has been acting chief executive since…
New incentive for Iowa
25% of in-state qualified spend in Iowa now goes to the production company. A further 25% of in-state spend can go to the investment company. As these two companies can be under the same ownership, it adds up to a…