Commissioners aim to lure co-producers
Friday 10 April 2009
This is an extract from the March 31 issue of the MIPTV daily News. Consult the full issue here!
Film commissions are out in force in Cannes and on the hunt for possible production partners. A number are hoping to make connections at the MIP Accelerator: Meet The Film Commission & Develop New Funds networking and matchmaking event.
Irish Film Board film commissioner Naoise Barry said: “We’re here to promote the new improvements to the Irish tax incentive, Section 481. It is now worth up to 28%, available to both live action and animated TV drama and it pays out on the first day of principal photography.
“Over the last four years I’ve identified a number of TV dramas in Cannes that ended up taking an Irish co-producer and filming and posting in Ireland.”
Alessandra Bergero, president, of the Italian Riviera Alpi del Mare Film Commission, said: “We’re coming to MIPTV for the first time to increase the number of documentaries and TV programmes coming to our area. We want to create a new economy here and attract more productions and more investors in those productions.”
Screen Australia, a merger of Australia’s Film Finance Corporation, the Australian Film Commission and Film Australia, is at MIPTV for the first time.
Sally Browning, senior investment manager, feature, television drama, and children’s series, pointed to the producer offset tax rebate. “For television, the offset means that up to 20% of the spend in Australia can be claimed as a tax rebate.” But it is dependent on co-producing with Australian producers and companies or it being a wholly Australian project.
Hye Chung Eun, senior manager, Korean Broadcasting Institute, said most of the co-productions the KBI helps fund are from Asia. “We want to expand, particularly to the Middle East, so the Accelerator vehicle seemed a good way to get in touch with possible co-production partners.”
Film commissions are out in force in Cannes and on the hunt for possible production partners. A number are hoping to make connections at the MIP Accelerator: Meet The Film Commission & Develop New Funds networking and matchmaking event.
Irish Film Board film commissioner Naoise Barry said: “We’re here to promote the new improvements to the Irish tax incentive, Section 481. It is now worth up to 28%, available to both live action and animated TV drama and it pays out on the first day of principal photography.
“Over the last four years I’ve identified a number of TV dramas in Cannes that ended up taking an Irish co-producer and filming and posting in Ireland.”
Alessandra Bergero, president, of the Italian Riviera Alpi del Mare Film Commission, said: “We’re coming to MIPTV for the first time to increase the number of documentaries and TV programmes coming to our area. We want to create a new economy here and attract more productions and more investors in those productions.”
Screen Australia, a merger of Australia’s Film Finance Corporation, the Australian Film Commission and Film Australia, is at MIPTV for the first time.
Sally Browning, senior investment manager, feature, television drama, and children’s series, pointed to the producer offset tax rebate. “For television, the offset means that up to 20% of the spend in Australia can be claimed as a tax rebate.” But it is dependent on co-producing with Australian producers and companies or it being a wholly Australian project.
Hye Chung Eun, senior manager, Korean Broadcasting Institute, said most of the co-productions the KBI helps fund are from Asia. “We want to expand, particularly to the Middle East, so the Accelerator vehicle seemed a good way to get in touch with possible co-production partners.”
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