NSW to Offer $25 Million in Screen Incentives

News

New South Wales (NSW) Premier Kristina Keneally has announced a $25 million funding boost to support and attract Australian and major international film and TV production to NSW.

The $25 million funding announcement comprises:
• An additional $20 million in screen incentives to attract large-scale production to NSW; and
• $5 million for Screen NSW’s Production Investment Fund to support local productions.

The funding – to be delivered in the upcoming NSW Budget – is a major funding increase for the NSW screen industry.

The announcement has been welcomed by the international film industry.

From the US, Warner Brothers Executive Vice-President of Physical Production Bill Draper said today: “This fund will put NSW in serious consideration as we scout the world for potential locations for our upcoming features.”


Posted on Wednesday, June 09, 2010 (Archive on Saturday, October 24, 2037)
Posted by marty  Contributed by marty
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