Global Showbiz Briefs: EC Unveils “Film Support Rules” For European Union; AFI/IDG China Story Fellowship Announced; More

European Commission Unveils “Film Support Rules” For EU
European Union member states provide films with an estimated €3B ($4.03B) per year in grants, soft loans and tax incentives. About 80% of that goes toward film production — one reason pricey indies are turning to the UK and the Continent. Today, in a long-awaited move by the European Commission, the body has published its new “film support rules” for the EU. The revised criteria for assessing member states’ support systems for film and other audiovisual works is being referred to as the “Cinema Communication.” It allows aid for a wider scope of activities, highlights individual countries’ discretion in defining support targets, introduces the possibility for more aid for European co-productions, and promotes film heritage. Among the highlights (the full text is here) is that co-productions funded by more than one member state now will be eligible to receive aid of up to 60% of the production budget. There are no limits on aid for script writing or development. In-country spend requirements will remain at the discretion of the individual states. The new Communication was met today with praise from both the UK and France. The BFI welcomed the news that the Cinema Communication “safeguards the UK’s film tax relief and Lottery funding for film. … The continuation of the successful UK film tax relief framework is a huge reassurance to the UK film industry and will support the growth of the sector.” French filmmakers also hailed the EC’s decision to “preserve the complex but efficient fabric of European cinematic support.” Commission VP Joaquín Almunia said, “The objective of these revised rules is to encourage vibrant audiovisual creation in Europe while preserving cultural diversity everywhere in the EU.”

U.S. Writers Will Head East With AFI/IDG China Story Fellowship
The American Film Institute announced today its AFI/IDG China Story Fellowship, a scholarship program at the AFI Conservatory aimed at developing screenplays that foster greater understanding of Chinese history, culture and literature. The fellowship provides nine AFI Fellows with travel to China for cultural research. They will write a feature-length screenplay and receive a full scholarship for their second year at the AFI Conservatory. “Too many Americans only know Chinese culture through animated films like Kung Fu Panda and Mulan,” said Hugo Shong, Chairman of IDG Greater China. “Americans deserve to see other types of movies about China, ones that hopefully can entertain them, educate them and at the same time touch their hearts.” (more…)

This article was printed from https://deadline.com/2013/11/global-showbiz-briefs-european-commission-unveils-film-support-rules-for-eu-635141/