×

New Zealand to Offer Finance for International Development

New Zealand, which already has some of the most generous financial incentives for film, is to launch a fund to help develop feature international films and TV series.

The International Co-Development Fund (ICF) expands the current Co-Production Development Fund for official feature film co-productions. It will include the development and/or packaging of drama series official co-productions or series drama projects with market partners such as a sales agent, streaming platform or broadcaster.

The fund will become operational July 1, and be run by the New Zealand Film Commission. It will have an annual pool of $262,000 (NZ$400,000), which is payable to the New Zealand partner in a co-production as matched development funding.

“SeeSaw and Jane Campion’s acclaimed ‘Top of the Lake’ and more recent series such as ‘The Dead Lands,’ produced by Matthew Metcalfe’s GFC Films for AMC, [and] ‘Straight Forward,’ produced by Philly de Lacey for Screentime, all showcase New Zealand’s ability to deliver world-class and distinctive drama,” said NZFC CEO Annabelle Sheehan. “We want to support more content at this level.”

The NZFC administers the New Zealand Screen Production Grant for local/official co-production film and television projects (40% cash grant) and international film and television projects (20% cash grant).

The country also has 18 official co-production treaties in Asia and Europe, Australia, Canada, Israel and South Africa.

Popular on Variety

More Film

  • Samuel-W.-Gelfman

    Samuel Gelfman, Roger Corman Film Producer, Dies at 88

    Samuel Gelfman, a New York producer known for his work on Roger Corman’s “Caged Heat,” “Cockfighter” and “Cannonball!,” died Thursday morning at UCLA Hospital in Westwood following complications from heart and respiratory disease, his son Peter Gelfman confirmed. He was 88. Gelfman was born in Brooklyn, New York and was raised in Caldwell New Jersey [...]

  • Margot Robbie stars in ONCE UPON

    Box Office: 'Once Upon a Time in Hollywood' Pulls Ahead of 'Hobbs & Shaw' Overseas

    Sony’s “Once Upon a Time in Hollywood” might not have hit No. 1 in North America, but Quentin Tarantino’s latest film is leading the way at the international box office, where it collected $53.7 million from 46 markets. That marks the best foreign opening of Tarantino’s career, coming in ahead of 2012’s “Django Unchained.” “Once [...]

  • Good Boys Movie

    Box Office: 'Good Boys' Leads Crowded Weekend With $21 Million

    The Bean Bag Boys, the self-appointed nickname for the trio of best friends in Universal’s “Good Boys,” are conquering much more than sixth grade. They are also leading the domestic box office, exceeding expectations and collecting $21 million on opening weekend. “Good Boys,” which screened at 3,204 North American theaters, is a much-needed win for [...]

  • Amanda Awards

    ‘Out Stealing Horses’ Tops Norway’s 2019 Amanda Awards

    HAUGESUND, Norway —  Hans Petter Moland’s sweeping literary adaptation “Out Stealing Horses” put in a dominant showing at Norway’s Amanda Awards on Saturday night, placing first with a collected five awards, including best Norwegian film. Celebrating its 35th edition this year, the Norwegian industry’s top film prize helped kick off the Haugesund Film Festival and [...]

  • Editorial use onlyMandatory Credit: Photo by

    Richard Williams, 'Who Framed Roger Rabbit' Animator, Dies at 86

    Renowned animator Richard Williams, best known for his work on “Who Framed Roger Rabbit,” died Friday at his home in Bristol, England, Variety has confirmed. He was 86. Williams was a distinguished animator, director, producer, author and teacher whose work has garnered three Oscars and three BAFTA Awards. In addition to his groundbreaking work as [...]

  • Instinct

    Locarno Film Review: 'Instinct'

    Now that “Game of Thrones” has finally reached its conclusion, releasing its gifted international ensemble into the casting wilds, will Hollywood remember just what it has in Carice van Houten? It’s not that the statuesque Dutch thesp hasn’t been consistently employed since her startling 2006 breakout in Paul Verhoeven’s “Black Book,” or even that she’s [...]

  • Good Boys Movie

    Box Office: 'Good Boys' Eyes Best Original Comedy Opening of 2019

    Universal’s “Good Boys” is surpassing expectations as it heads toward an estimated $20.8 million opening weekend at the domestic box office following $8.3 million in Friday ticket sales. That’s well above earlier estimates which placed the film in the $12 million to $15 million range, marking the first R-rated comedy to open at No. 1 [...]

More From Our Brands

Access exclusive content