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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. Imagenation Abu Dhabi aims to develop, finance and produce content for both regional and international…
Prague still makes Gorgeous commercials
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…
Piedmont Film Commission announce film fund
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. Annually, the fund will support…
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…
New filming incentives for Mississippi
Mississippi has passed new incentive legislation that provides a 20% rebate for qualified local spend, a 25% rebate on resident cast and crew, and a 20% rebate for non-resident cast and crew, up to and including USD1 million per individual.