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fivefold studios brings virtual production to Wales

fivefold studios brings virtual production to Wales

Written by Kianna Best on Nov 6, 2024. Posted in General Interest

Wales has welcomed new state of the art virtual production facility fivefold studios situated at the infamous Dragon Studios. Launched to elevate the fil and TV infrastructure of the region, the site boats studio and office space measuring in at 12,000 sq. ft, as well as a 5000 sq. ft fixed green screen cove, Europe’s largest.

UK VFX tax credit boost to start in new year

UK VFX tax credit boost to start in new year

Written by Kianna Best on Oct 30, 2024. Posted in General Interest

During today’s reading of the UK budget, marking the first for the Labour government  since coming into power in July,  the Chancellor of the Exchequer Rachel Reeeves has confirmed an increased VFX tax incentive. Spending on VFX will be eligible for a net rebate of 29.5% and exempt from the overall 80% cap on spending eligible for film and TV tax relief. To avoid production delays, the starting date of the uplift will be available to projects with spending incurred from 1 January 2025, with claims for the rebate starting from 1 April.

California kicks into gear with new proposed incentive

California kicks into gear with new proposed incentive

Written by Kianna Best on Oct 28, 2024. Posted in General Interest

Following reports of a decline in Hollywood, California governor Gavin Newsom has announced that the state is planning for a boost to the film incentive to USD 750 million. Intended to “send a statement”, these plans will more than double the existing incentive as well as draw back in production activity from the more competitively priced states who have been the more attractive option over the past year.

Advertorial: Madrid doubles for London in the new season of The Walking Dead: Daryl Dixon

Advertorial: Madrid doubles for London in the new season of The Walking Dead: Daryl Dixon

Written by Kianna Best on Oct 23, 2024. Posted in General Interest

This summer, Madrid witnessed a zombie invasion that transformed the city. It was not the end of the world, but rather a spectacular transformation of some of its locations. Just steps away from the iconic Four Seasons Hotel, the city turned it into apocalyptic London for the beginning of the highly anticipated filming of the third season of The Walking Dead: Daryl Dixon.

California takes a production plunge

California takes a production plunge

Written by Kianna Best on Oct 23, 2024. Posted in General Interest

FilmLA has reported a filming drop in their third quarter report for 2024. According to their findings, production in Greater Los Angeles has fallen by five percent coming in at the weakest of the year. Residual strike impact and increasing presence of incentives across the country pose significant impact on production in the infamous filmmaking city.

Netflix shows growth across the board in Q3 reports

Netflix shows growth across the board in Q3 reports

Written by Kianna Best on Oct 18, 2024. Posted in General Interest

Netflix has added 5.1 million subscribers as reported in their Q3 findings, growing on the previous quarter, delivering above Wall Street predictions. This has sent the streamer’s total global paid subscriber count to 282.72 million. Netflix has reported a total revenue earning for the July to September quarter of USD9.825 billion with earnings per share at USD5.40.

PGGB announces members of new EDI committee

PGGB announces members of new EDI committee

Written by Kianna Best on Oct 15, 2024. Posted in General Interest

The Producers Guild of Great Britain (PGGB) have announced that seven members will join the new Equality, Diversity and Inclusion (EDI) Committee in line with the organisation’s efforts to raise standards of diversity and inclusion below-the-line in the UK’s feature film and HETV industries. The committee will be chaired by experienced wellbeing and inclusion consultant Valeria Bullo.

Vietnam takes centre stage

Vietnam takes centre stage

Written by Kianna Best on Oct 10, 2024. Posted in General Interest

Destination Vietnam, a Hollywood expo organised by Indochina Productions at the Directors Guild of America Theatre in Los Angeles, put the south east Asian country at centre stage. Highlighting Vietnam’s rich location variety and untapped cinematic potential, the event welcomed some respected names in production such as Netflix’s A Tourist Guide to Love producer Joel Rice and renowned location scout Lori Balton.

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