Media Companies Blast German Government Plans to Overhaul Film Funding
variety.comEd Meza @edmezavar Leading German media groups have blasted government plans to overhaul the country’s film funding system.
Germany’s commissioner for culture and media (BKM), Claudia Roth, Tuesday presented her wide-ranging reform plans ahead of the start of this year’s Berlin Film Festival.
The wide-ranging overhaul aims to make German film funding simpler, more efficient and more transparent. While Hollywood films shooting in Germany have long benefited from the country’s generous funding structures, the reorganization of the system would make it more sustainable, according to the BKM.
Major international productions that have benefited from German funding in recent years include “The Matrix Resurrections,” “Uncharted” and “The Hunger Games: The Ballad of Songbirds & Snakes.” The planned reform consists of three central pillars: In addition to an amendment to Germany’s existing film funding law, the reform proposal includes a tax incentive model and an investment obligation.
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