STAGE FIVE FILMS’ Post

Last week SPI launched the first Economic Impact Study of the film incentive supporting international productions filming in Spain. SPI collaborated closely with key service producers and international content investors operating in Spain, gathering data on production spend in the country from 2019 to 2022. Data from 80 incentivised productions, including feature films and television series, show that most spend was concentrated Spain’s four key production hubs: Madrid (€194.8 million, 31 productions), Catalonia (€119.8 million, 19 productions), the Canary Islands (€106.3 million, 12 productions) and Andalusia (€95.3 million, 31 productions). Nevertheless, significant impacts can be seen in many other autonomous communities, showing the widespread impact of film and television production across areas. The Study was prepared by SPI, commissioned by Spain Film Commission and delivered in collaboration PROFILM ASOCIACION. More here>https://lnkd.in/eSC6ZqUm

Almost 42% of the total budget of the average European film now comes from public financing support. This statistic highlights the significant role public funding plays in the European film industry. It's interesting to consider the position in the Middle East, particularly with recent developments in Saudi Arabia. What are your thoughts? #film #filmproduction #incentives

It is worth downloading and reading this report.

Unlock up to 35% savings on your next film project with Romanian rebates! Did you know your production could save millions by filming in Romania? I've helped top projects like Beyond LLC and Grutters Productions maximize these rebates. Romania offers substantial film rebates: 1. Eligibility: Projects must avoid harmful or discriminatory content. 2. Minimum Spend: Qualify with a minimum of 100,000 euros and 20% of your budget spent locally. 3. Rebate Calculation: Spend in Romania, including A-list talent fees paid locally, qualifies for rebates. 4. Rebate Limits: Max rebate is 10 million euros, applicable to a 40 million euro production budget. We help productions split across European countries to maximize rebates. Leverage Romanian rebates to cut production costs and boost profitability. Ever thought about filming in Romania? Share your experiences or questions below! #FilmRebates #ProductionSavings #RomaniaFilming

Unlock up to 35% savings on your next film project with Romanian rebates! Did you know your production could save millions by filming in Romania? I've helped top projects like Beyond LLC and Grutters Productions maximize these rebates. Romania offers substantial film rebates: 1. Eligibility: Projects must avoid harmful or discriminatory content. 2. Minimum Spend: Qualify with a minimum of 100,000 euros and 20% of your budget spent locally. 3. Rebate Calculation: Spend in Romania, including A-list talent fees paid locally, qualifies for rebates. 4. Rebate Limits: Max rebate is 10 million euros, applicable to a 40 million euro production budget. We help productions split across European countries to maximize rebates. Leverage Romanian rebates to cut production costs and boost profitability. Ever thought about filming in Romania? Share your experiences or questions below! #FilmRebates #ProductionSavings #RomaniaFilming

How to Simplify Film Production in Morocco? Making movies in the Kingdom can surely provide challenges. From knowing the rules to keeping things running smooth, having trusted partners is key to a easy process. Here's how Ksar Production can assist you in simplifying movie making in Morocco: ✅ Work with the Local Pros: Ensure clear communication and cultural understanding at all times. ✅ Sail Through Permit Stuff: Navigate the paperwork like a pro with our deep local smarts. ✅ Maximize Your Dinars: Get great value from your production budget with our cost saving solutions. ✅ Access Top-Notch Equipment: Use our huge collection of top filming gear. ✅ Focus on Your Art: Let our crew handle the logistics so you can focus on your creative vision. Have hassle-free film production in Morocco with Ksar Production's expert guidance and custom services. Let’s get to work on your next masterpiece today! #FilmProduction #LocationScouting #MoroccoFilm #KsarProduction #FilmmakingMagic #CinematicJourney #FilmInMorocco #ProductionSupport #CreativeVision

#AkorokoInsights: Unifrance published a report today on the year 2023 in French cinema, including a brief on the international market for French films. It prompted me to consider what international markets are most receptive to African films broadly, especially as a new year begins, with expectations that global appetite for African cinemas will grow substantially in the coming years. A broad overview, with an eye on the future...👇🏾

EUROCINEMA 🎦 welcomes the announcement by the German Minister of Culture, Claudia Roth, of her plan to reform the German film 🎞 financing system as part of the transposition of the AVMS directive, which includes an obligation for streamers and other VoD services to reinvest 20% of their revenues generated in Germany in European audiovisual production, with 70% of this amount to be devoted to original German-language productions. EUROCINEMA 🎦 points out that obligations to invest in creation, and in particular in independent production, are essential public cultural policy instruments for the diversity of creation and the sustainability of investment in Europe.  https://lnkd.in/gHcwqy2E

SPI recently launched the first Economic Impact Study of the film incentive supporting international productions filming in Spain. Based on project data collected by SPI between 2019 to 2022, incentivised international film and television production generated an estimated minimum of €1,795 million in GVA contributions to Spain’s economy.    The overall GVA RoI was 9.0, meaning that for every €1 invested through the programme, the benefit to the Spanish economy was €9 in terms of additional economic value from direct, indirect, and induced effects.     More here>https://lnkd.in/eT5kNZ6T

It was a pleasure speaking with Regina Reyes-Heroles and Ilana Sod from Milenio Negocios. We discussed key initiatives to support the film industry over the next six years, the current state of Mexican cinema, and insights from my time leading The Lift Mexico. A top priority remains securing internationally competitive incentives that will keep the Mexican film industry attractive to foreign investment. We urgently need to update our fiscal policies to compete with countries like England, Spain, and Colombia, which offer compelling tax credits and cash rebates to production companies. The rise of streaming services and the pandemic has also significantly impacted cinema attendance. In fact, national cinema’s market share has dropped from double digits in 2019 to just 4.8% last year. Local filmmakers need more robust support, and protecting as well as expanding Focine's budget for national productions is essential. At The Lift, I've witnessed how partnerships between larger and smaller production companies can help ensure that smaller players maintain their budgets and continue to thrive. Encouraging this kind of collaboration is crucial to building a vibrant filmmaking ecosystem – one that empowers us to advocate for our industry and the 110,000 professionals who work in it.