Halle Berry John Michael Macdonagh James Gibb Britain Serbia Los Angeles, Britain city Belgrade tv video film broadway Halle Berry John Michael Macdonagh James Gibb Britain Serbia Los Angeles, Britain city Belgrade

UK Financier Head Gear Launches $25M Credit Facility For Serbia Shoots With Local Outfit Balkanic Media

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deadline.com

By Tom Grater International Film Reporter EXCLUSIVE: London-based financier Head Gear Films, which recently backed John Michael McDonagh’s upcoming The Forgiven and Halle Berry’s Bruised, is setting up a $25M credit facility to fund productions shooting in Serbia.

The facility will be operated in partnership with Belgrade-based production outfit Balkanic Media, which has been founded by Ironclad filmmaker Jonathan English with Los Angeles-based producer James Gibb.

The fund will cashflow the government rebate in Serbia, which stands at 25% for qualifying film and TV productions (rising to 30% for qualified Serbian spend on features with a budget of €5M+ ($5.4M)), as well as offering debt and gap financing for Balkanic’s service

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