France’s VFX Industry Expanding to Meet Growing Demand
variety.comBen Croll France’s VFX workforce has grown by leaps and bounds over the past three years, with much credit due to a 10% across-the-board tax rebate bonus for international productions that spend more than $2.1 million with local digital outfits.
Of course, the fact that American studios could also benefit from the full 40% tax rebate wholly on post-production expenditures has only helped matters further, affording top-trained talent the chance to stay in (or, in many cases, return to) France, proving their mettle on lavish blockbusters shot elsewhere.
The local VFX industry is “no longer viewed in the same way,” says the Yard founder and CEO Laurens Ehrmann. “Today, we get more work by word-of-mouth, as producers and editors pass along our name.
Whereas before productions might spend the $2.1 million just to take advantage of the full tax credit, today productions that have never shot in France come to us directly” with much more substantial VFX buys.
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