×
You will be redirected back to your article in seconds

New Zealand to Keep International Subsidies Flowing

The New Zealand government has committed to spending $210 million (NZ$304 million) on the film industry over the next four years.

The figures, including $166 million (NZ$240 million) for the International Screen Production Grant and $44 million (NZ$64 million) for the local industry, were announced on Friday local time by Economic Development Minister Simon Bridges and Arts, Culture and Heritage Minister Maggie Barry.

New Zealand offers one of the most generous financial regimes in the world for incoming international movie productions. Recent films that shot in New Zealand included Warner Bros.’ “Meg.” The upcoming “Avatar” sequels are also expected to return.

“Without the grant these 50 international productions (since 2014) would not have located in New Zealand and the NZ$3.3 billion would not have been spent here,” said Bridges. “Technologies like artificial intelligence and robotics originally developed for film are being used and adapted in other areas such as health bringing even more economic upsides. It also supports tourism with New Zealand recognized as a leading film tourism destination. Some 18% of visitors say they chose to come here following the ‘Hobbit’ trilogy.”

More Film

  • John Hodges

    Jax Media Taps A24 Co-Founder John Hodges as Head of New Film Division

    TV production powerhouse Jax Media is expanding into film and tapped John Hodges, one of the founding partners of A24, as its new head of film. “I’m thrilled to be joining the team at Jax,” Hodges said. “Theirs is a potent brand that I’ve admired for a long time, and their reputation as innovative partners [...]

  • Hong Kong's TVB Plans OTT Boost,

    Hong Kong's TVB Plans OTT Boost, Sets 'Court Lady' With Huanyu

    Hong Kong’s Television Broadcasts is set to boost its OTT platforms locally and abroad with new packages and initiatives targeting the Southeast Asian market. The city’s biggest broadcaster has also renewed its partnership with China’s Huanyu Entertainment following the wild success the two enjoyed last year with court rivalry drama “Story of Yanxi Palace.” The [...]

  • Blue Planet II

    Documentaries Show Strong Signs of Growth in Global Markets

    Nearly 40% of exhibitors at FilMart this year are currently involved in documentary films. This year, there are 290 such exhibitors from 26 countries and regions, an increase of 30% from the year before, and 24 nonfiction titles in screening sessions, nearly double last year’s 13 titles. The market launched its “Doc World” section in [...]

  • Palanquin Offers New Business Model for

    Palanquin Offers New Business Model for East-West Productions in SVoD Era

    For Westerners making movies in Asia, logistics can be problematic. And, for Asian filmmakers able to navigate local conditions, screenwriting for international audiences and access to markets can still be stumbling blocks. Veteran producer and executive Guy Louthan (“The Mist,” “Raising Arizona”) is now developing a business that straddles East and West, deploys American production [...]

  • 'The Fall,' 'Out of Crimes' and

    Oriental Intl. Debuts at FilMart With Six New Films and Classic Fare

    Oriental Intl. makes its FilMart sales debut with a line-up of six new titles and a library of 20 arthouse classics and shorts. The firm is the Hong Kong branch of Chinese state-run radio and TV broadcaster CRI-CIBN’s smart TV division. The company has five employees but only one employee based permanently in Hong Kong. [...]

  • Ethnic Minorities in Spotlight at Hong

    Ethnic Minorities in Spotlight at Hong Kong Asian Project Market

    Historically, ethnic minorities around the world have suffered, and 2019 sees no change in this regard. A brace of HAF projects highlight some of the problems faced by them. From Iran, Arsalan Amiri’s horror/black comedy “Zalava” is set in a village terrified by demonic possession, where a young, agnostic police officer arrests challenges local beliefs [...]

More From Our Brands

Access exclusive content