Patrick Frater Asia Bureau Chief Japan will next month open the first round of film and TV production funding under its previously-teased location incentive scheme.
The scheme offers reimbursement of up to 50% of qualifying expenditure in Japan, with an upper limit of JPY1 billion ($6.66 million) on each disbursement.
Targeting larger-scale productions, the scheme is open to: film, TV or streaming projects that have minimum direct production spending in Japan of $3.3 million; or have budgets greater than $6.66 million and spend a fifth of that (JPY200 million or $1.33 million) in Japan; or, in the case of other projects distributed in ten or more countries, have Japanese production spend higher than $1.33 million.
Applications for funding, to be made through a Japanese production company, must be made in one of three periods this year: March 4 – 15, 2024; May 20 – June 7; or Aug.
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