Nordisk Film & TV Fond Boasts Record Budget for 2020

As the Nordisk Film & TV Fond prepares to celebrates its 30th anniversary, at this month’s Göteborg Film Festival, CEO Liselott Forsman has outlined her vision for the upcoming yearm which sees the fund boasting a record high budget of NOK 127 million ($12.8 million), up from last year’s total of NOK 97.75 million ($11.4 million).

The fund’s primary mandate is to support and promote high-end film and TV productions across Nordic territories through the distribution of financing for features, TV fiction, and documentaries.

Forsman has big shoes to fill. When former CEO Petri Kempinnen stepped down on Oct. 31 to spend more time with his family, he left behind a legacy of growth and overachievement in the region and of reacting quickly to and anticipating international market trends. Her unanimous appointment, work as chair of the EBU Fiction Expert Group and proven track record as a writer and producer indicate that she has the experience for the task.

According to Forsman, the Fund’s now 22 partners, including new backers NENT Group, C More Entertainment, Norway’s VGTV and Iceland’s Síminn broaden the collective’s expertise and contributed to this year’s record budget.

She emphasized in brief state of the union style article in Nordisk Film & YV Newsletter Friday that a key question facing any financing body is “balancing the amount of supported titles with the size of the supports.” Last year, the Fund’s largest-ever documentary support was given to Danish production “Scandinavian Star” while record film support went to SF Studios’ fiction period drama “Margrete – Queen of Denmark,” she commented.

While many global streaming platforms push for rights ownerships in buyouts, many Nordic players practice hybrid arrangements, and Forsman plans to employ the collective knowledge of Fond partners to “seek both business and content insights that benefit the whole Nordic branch.”

She also emphasized that Nordic countries must remain active in E.U. discussions relevant to the audiovisual industry as well.

Another area of focus for the Fond in 2020 will be encouraging audience engagement at brick and mortar cinemas. In a world where viewers have unending choices of high-end content at their fingertips from the comfort of their couches, what can exhibitors do to keep cinema seats filled?

To celebrate the Fund’s 30th anniversary, the group will host a party at this year’s Göteborg TV Drama Vision where the winner of this year’s Nordisk Film & TV Award Prize will be announced on Jan. 29.

More Film

  • Liam Neeson Widows

    Film News Roundup: Liam Neeson's Comedy 'Made in Italy' Sells to IFC

    In today’s film news roundup, IFC buys a Liam Neeson comedy and STX takes territories on Karen Gillan and Lena Headey’s “Gunpowder Milkshake.” ACQUISITIONS IFC Films is acquiring U.S. rights to James D’Arcy’s feature directorial debut, “Made In Italy,” starring Liam Neeson and Micheál Richardson. “Made In Italy” will receive a traditional theatrical release in [...]

  • Baby Peggy

    Diana Serra Cary, Child Star Known as Baby Peggy, Dies at 101

    Diana Serra Cary, the child silent film star known by the nickname Baby Peggy, died on Monday in Gustine, Calif. She was 101. Born on October 29, 1918 as Peggy Jean Montgomery, Cary began her career in the film industry at the early age of 19 months. During a visit with her mother and a [...]

  • Riz Ahmed

    Riz Ahmed on Creating ‘A Really Personal Piece of Work’ with ‘Mogul Mowgli’

    The idea for “Mogul Mowgli” first began in 2017 when British actor, rapper and activist Riz Ahmed met Bassam Tariq, a producer and independent filmmaker, between trips to New York. Almost three years later, the pair is debuting “Mogul Mowgli” in Berlin’s Panorama. The film, which Tariq directed and co-wrote with Ahmed, who also stars, [...]

  • David Permut

    'Hacksaw Ridge' Producer Developing Colombo Crime Family Son's Story (EXCLUSIVE)

    David Permut, the Oscar-nominated producer of “Hacksaw Ridge,” has acquired the life rights to the story of John Franzese Jr., the son of the Colombo crime family’s second-in-command, Sonny Franzese. The elder Franzese passed away on Sunday at the age of 103. Franzese Jr. became active in the family business during the 1980s, leading to [...]

  • Annabella Sciorra

    Annabella Sciorra on Weinstein Verdict: 'We Can Never Regret Breaking the Silence'

    Annabella Sciorra hailed the guilty verdict against ex-mogul Harvey Weinstein, which included a “criminal sexual act” and third-degree rape, on Monday. Weinstein was also acquitted on two counts of predatory sexual assault that centered on Sciorra’s testimony — indicating that the jurors did not believe, beyond a reasonable doubt, that Weinstein had raped and assaulted [...]

  • Gabrielle Carteris participates in Fox's "BH90210"

    SAG-AFTRA President Gabrielle Carteris on Weinstein Verdict: 'You Can't Hide Any Longer'

    SAG-AFTRA president Gabrielle Carteris has hailed the verdicts in the Harvey Weinstein case, with the disgraced ex-mogul found guilty of committing a criminal sexual act and third-degree rape. “Justice was served today and Harvey Weinstein was held accountable for his crimes,” Carteris said. “But it is only a beginning. We look forward to the Weinstein [...]

More From Our Brands

Access exclusive content