In support of production
The Filmförderunganstalt BG , Germany's Film Production Institute, will see its film production budget increased by 40 per cent to Euros64.7m. The announcement was made after the German federal government’s approval on 21 May of a major reform to the Film Law.
Significantly both public and private TV companies and networks agreed to double their contribution to German film production. In addition, the new law foresees a 2.7 per cent increase in the tax levied on gross theatrical box office takings, plus an average 2.2 per cent increase levied on post-tax home video revenue.
The Federal government also announced it was setting up a completely new Film Council, answerable to the Culture Ministry, charged with maintaining contact with the German Film Federation (Filmbündnis) and guaranteeing a continuous flow of information between politicians, film producers and bankers.
Read all about the new reforms in the fully comprehensive document.
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