The entertainment industry is experiencing a significant transformation with the infusion of artificial intelligence (AI) technologies. In recent years, venture capitalists (VCs) and private equity firms have invested millions in startups that leverage AI to revolutionize film and TV production. These companies aim to reduce production costs and streamline the creation of special effects. From […]
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Film Development Council of the Philippines (FDCP) has tweaked its incentive schemes for both international co-productions and offshore production, with the latter cash rebate being increased to 25% with the addition of a cultural bonus. Philippines currently offers a 20% incentive through its Film Location Incentive Program (FLIP), which is now being augmented with the 5% […]
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The Irish government set out its 2024 budget today, which included a surprise shift to the country’s tax incentive structure. Irish Film and TV productions are now able to claim the country’s 32% tax break on eligible expenditure up to €125m, raised from €70m. Screen Ireland, the national agency for the Irish screen industry, welcomed the […]
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Marvel Studios is set to overhaul the way it produces television following a number of creative misfires and criticism of its shows according to THR. Along with breaking the news about the full reset of their “Daredevil: Born Again” series this morning, the trade reports that the company is now moving to make TV shows in […]
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Representatives of Georgia’s film and television industry gathered in Athens last week to urge state legislators to keep the generous tax credit that’s turned the screen sector into a multi-billion-dollar business. Lawmakers are considering paring back the 20–30% tax credit, implemented in 2008, because they are worried the state is losing out on hundreds of […]
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Warner Bros. Discovery has announced plans for a major expansion of the UK studios where “Barbie” — its biggest movie of all time — was filmed. The expansion will increase the production capacity at the studios in the Leavesden area, on the outskirts of London, by more than 50%. The investment is expected to create 4,000 “direct […]
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Sir Ridley Scott has revealed that Napoleon was shot in only 62 days when usually a film of this caliber would take double that. When you have one of the best behind the camera, things tend to flow much better, and Ridley Scott is, without a doubt, one of the masters. Not only is he one of […]
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Now that the writers strike is over, Hollywood studios are gearing up to get production rolling again — once the other half of this year’s dual strike, the ongoing SAG-AFTRA walkout, is finally settled. From “Star Trek” to “Superman: Legacy” to “Abbott Elementary” to “Wednesday,” every studio, network and streamer has priority film and TV projects that they hope […]
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The deal for the EUE/Screen Gems Studios facility in Georgia and another campus in North Carolina will see the locations operate under the Canadian-based company’s umbrella. Cinespace Studios has acquired the soundstages and campuses belonging to EUE/Screen Gems Studios in Atlanta, Georgia and Wilmington, North Carolina. Terms of the deal for the studios, which includes soundstages […]
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The state government of Australia’s New South Wales has reversed some of its recently announced plans to cut subsidy to the film and TV industries. NSW Minister for the Arts, John Graham said on Tuesday that three important screen industry programs – the post digital and visual effects (PDV), the digital games development rebate program and the ‘Made in NSW Fund’ – will […]
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