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Before the new facilities at Budapest s Korda Studios opened for business in 2007, Hungary was attracting more international footloose productions than the country s crews could handle. Thanks largely to its lauded 20% tax rebate on productions shooting in the country, the annual spend by film productions in Hungary has multiplied more than tenfold from $33.4m huf5.8bn in 2004 to $340m huf5
stanley uk 9bn in 2007. The last two years we ve been busy as hell, says Adam Goodman, whose Budapest-based Mid Atlantic Films serviced Universal Pictures $72m Hellboy II: The Golden Army during its shoot at Korda last year.Such large-scale productions account for the huge growth in Hungary s film industry. The territory recently hosted European projects including Andrei Konchalovsky s privately financed $65m Nutcracker: The Untold Story, Robert Young s $8m Eichmann and Vicente Amorim s $16m UK production Good.While the reb
stanley cup ate continues to benefit local productions, as witnessed by the wealth of films premiering at next week s Hungarian Film Week see sidebar , recent developments are threatening Hungary s ambition to become the pre-eminent film hub in Eastern Europe. In addition to the US writers strike and possible industrial action from US actors , which has put many 2008 US projects on hold, a threat to the rebate itself is looming.At present, any project, regardless of its origin or subject matter, can claim a 20% return on its Hungarian spend. It is a straightforward scheme well-liked b
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Screen International is launching a new awards sea
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stanley us ny.Screen is introducing the series to showcase awards-worthy titles and talent to key awards voters and industry tastemakers in London. The series is expected to continue through February 2014The invitation-only screening series will kick off with Ryan Cooglers Sundance hit Fruitvale Station screening on Oct 15 at Londons Soho Hotel.Fruitvale Station is Cooglers feature debut, inspired by the true story of Oscar Grant, a young man in the San Francisco Bay area killed by transport police. Michael B Jordan leads the cast. The awards season is always very important to Screen and we think this screening series will benefit both our commercial partners and our readers in showcasing some of the best films of the year, said Screen International editor Wendy Mitchell. We look forward to introducing a targeted, influential London audience to some excellent films. To express your interest in attending the series, please email screenings@screendailyFor more information about the series, please contact Screens VP of Commercial Development Nigel Daly on nigeldalymail@gmailTopicsAcademy AwardsAwardsBaftasUK/IrelandUnited States No comments Related articles
