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.
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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.
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 of production insurance.
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.
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.
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 period.