“It has given us confidence”: Czech producers welcome reforms and incentive uplift

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7 Min Read

Czech producers of Karlovy Vary International Film Festival (Kviff) We are careful and optimistic about the potential impact of Czech audiovisual methodswhich will increase national tax incentives from 20% to 25% (and 35% of post-production and animation), attracting international productions, and establishing a national film fund called the Czech Audiovisual Fund.

“The prospect of increased support gives us confidence to move forward with new projects,” said Carolina Davidva, producer who is developing Philip Castner’s upcoming animated miniseries. Typewas announced at the Kviff Talents Strand of the Industry Program.

Davideva will also take advantage of new incentives Between the worldDeveloped at the LA Residence in Cannes, she says that she will become the “ambitious” first feature of the company 13KA.

Hana Braha Silarova of production company Film and Chips is “positive” about the new act and believes it will “improve our industry and the position of Czech producers.”

“The new structure is more inclusive and creates a more sustainable environment for audiovisual creators of all forms of use,” says Jan Kallista, producer of the film Kolektiv, who created Robert Fross’ 2023 science fiction. Restore points.

Kallista said reforms “seems importance for both current and future film and series projects, which will allow us to plan more effectively and maintain a more stable and consistent creative talent pool.

Government Update

With the National Film Fund being closed to fully implement funding from January, the country’s Minister of Culture, Martin Bakusa and Finance Minister Zvinek Stanjura have changed the latest updates on Karlovy’s progress. Baxa said the process of appointing a fund director to replace the departing Helena Bezdek Frankba began this summer, with hopes that the fund will open in September.

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It also begins work on concepts for the development of audiovisual media, a strategic document that determines long-term priorities for the sector.

Stanjura reiterated the figures previously released, saying that when CZ1.4 billion Koruna ($67 million) becomes available in the first year of the incentive, 1.6 billion ($76 million) will be available in the second year.

Closing the fund proved a challenge for Czech producers.

“We’ve got a lot of effort into creating a new feature that includes Cristina Grosan’s 2022 Giornate Degli Autori title,” said Marek Novak, producer of Xova Film. Normal failure.

“When the fund finally opens again, there is a lot of hope and there is a backlog of the project.”

“We’re waiting for a new fund to open to start funding for “some documentaries and animation projects,” says Silaroba.

She is still convinced that the law is “necessary to our industry” and hopes for more information about the fund soon.

“All Czech producers are waiting for the project, so the beginning is a bit confusing,” Silarova said. “But once the dust settles, we should have a stable, sophisticated fund that will attract more international co-productions.”

Ondrej Lukes of Czech Company novice Mind won the Rotterdam Love Award at the Karlovy Vary Eastern Promises Industry Awards on Tuesday evening. “Hopefully the fund will resume in a month,” Lukes said. “But it hasn’t worked for almost nine months, so far it’s just caused complications for us.”

According to Frankova, the October Czech parliamentary elections are not expected to affect the progress of the law, as they received cross-party support from 164 members of Parliament last year, with only abstention from 164 members of Parliament last year.

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Anyway, this act is already inscribed in the law, preventing it from being easily repealed.

Streamer collection

The January reforms also included the introduction of taxation on film admissions and 2% of broadcasting stations, as well as streaming platforms (the topic of discussion in many countries, including the UK).

“The hope is that there will be a significant increase in resources available to support local independent production, both in large and small screen formats,” Novak said.

“The tax is too low. That’s a disappointment for me,” Lux says. “(Platforms) have the opportunity to spend most of the percentage as ‘direct investments’ and there is the opportunity to create content here. Ultimately, you cannot land a lot of cash in your fund account from these taxes. ”

Novak is more positive. “The platform has the option to send partial collection funds to the Czech Audiovisual Fund and/or directly invest in the acquisition and commissioning of the original production, which could provide new opportunities for local content.”

“Let’s see what investments in the tax-to-domestic content ratio look like,” Silaroba said. “Taxes from cinemas and broadcasters are justified. Of course, they can always be high, but there are reasonable limits.” Kallista believes that collection contributions “not only help in the production of more diverse and ambitious projects, but also in the development of a new generation of creative professionals.”

“It’s fair and timely that the VOD platform is playing a more active role in supporting local industries,” Davidova said. “We are ready to be strong and creative partners for them, just like some of us have already!”

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Kviff runs until Saturday, July 12th.

(TagStoTRASSLATE)Czech Republic (T)Europe (T)Funding News (T)Karrovy Vary (T)Location (T)Production Incentive

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