You will be redirected back to your article in seconds

Irish producers get profits boost

Film board shares revenue

LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment.

Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of 50% subject to certain exceptions, meaning that half the money invested by the IFB will be considered money invested by the producer. The IFB will be deemed to have recouped when it has earned back half of its investment, with the other half going to the producer.

The internal corridor will not apply to net profits. Projects financed before July 1 will not benefit from the new rules.

The scheme will be reviewed within two years.

More Film

  • Madrid’s ECAM Pacts With Torino, Rotterdam

    ECAM Pacts with Torino, Rotterdam on First Incubator Projects

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

  • Andrew DuncanMomentum Pictures with The Cinema

    'Florida Project' Producer Steps Down Amid Harassment Claims

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

  • 'Antiporno' Review

    Film Review: 'Antiporno'

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

  • Nicholas Hoult Current War

    Film News Roundup: Shooting Wraps on Nicholas Hoult's 'Tolkien' Biopic

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

  • Disney-Fox Deal Casts Future of Fox

    Disney-Fox Deal Casts Future of Fox Studio Lot Into Doubt

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

  • Loveless Movie Wild Bunch

    Oscars: Nine Films Advance in Foreign-Language Race

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

  • Andy Muschietti

    'It' Director Andy Muschietti Eyed for 'Electric State' From Russo Brothers

    LONDON — The Irish Film Board has introduced rules allowing producers it finances to share in revenues from their film and TV projects, while still allowing the board to recoup its investment. Since Sunday, the producer of a film or TV project that has received IFB coin has been entitled to an “internal corridor” of […]

More From Our Brands

Access exclusive content