Hawaii Film Blog

Tuesday, January 03, 2006

German Free Ride is Over

The era of funding Hollywood films with German tax shelters is over. Films like "Monster," "The Human Stain," "Miami Vice," "Lara Croft: Tomb Raider," "Lord of the Rings: Return of the King," and "Jarhead"--none of which filmed in Germany--cost the German government over $1 billion per year. Now, Culture Minister Bernd Neumann must come up with a "new and better financial instrument" to stimulate private investment in films, and he's eyeing the straightforward production rebate.

German biz eyes fund void [Hollywood Reporter, 12/29/05]

Film Incentives That Aren't Tax Credits
Europe on the Cheap
Lawyers Rake It In On Runaway Productions

Like this post? Be social & share it:
digg   Reddit   del.icio.us   NewsVine   Technorati