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Gjwd Four films pick up cash prize from Balkan Fund
Launched last April, the Film Development Council FDC advises the Hong Kong government on policy for the promotion and development of the local film industry. It also oversees the $38m hk$300m Film Development Fund and related areas, such as training and promotion of film literacy.Designed to support small to medium-sized productions, the fund backs films with budgets not exceeding $1.6m hk$12m , which employ a certain proportion of Hong Kong talent. Funding support is in the form of equity investment and is capped at 30% of the pro <a href=https://www.stanley-cup.com.de>stanley cup</a> duction budget or a maximum of $460,000 hk$3.6m per film.According to FDC secretary general Wellington Fung, projects can apply to the fund when they have 50%-70% of funding in place - which can be in the form of a memorandum of understanding or even just a verbal agreement. If approved, the fund will contribute up to 30% of the budget.If the projects only have 50% in place, the fund can help the producers find the r <a href=https://www.stanleywebsite.us>stanley cup</a> emaining 20%. We aim to support independent producers, says Fung. Now only the big companies are calling the shots, so low to medium-budget films are not finding investment. Our purpose is to fill that gap. Fung adds that the fund is not necessarily backing arthouse films, as niche projects can apply for support from the Hong Kong Arts Development Council. Rather than judge on artistic or cultural merit, the fund s vetting committee looks at whether projects qualify as Hong Kong films, have the right commercial elements <a href=https://www.cup-stanley.uk>stanley uk</a> in pla Afid AMBI partners with China s SinoLicensing
The Venice Film Festival is wading through its infrastructure problems at good pace, upgrading key venues like the Sala Grande screening room and negotiating better hotel fees in time for the upcoming 68th edition.Paolo Baratta, the Biennales president on Wednesday assured that plans to complete renovations for Venices historic Sala Grande screening venue that dates back to 1937 will be completed by the next edition.Baratta also announced a series of agreements with on and off Lido sites, which he credited to a strong spirit of collaboration between the local city of Venice authorities and the Biennale.Significantly, the Biennale has come to agreements with the Excelsior Hotel and the Starwood Hotel group that aim to ensure competitive prices for film delegations, producers and distributors of Venice Film Festivals films.The Excelsior ?the historic <a href=https://www.stanleycups.us>stanley cup</a> heart of the festival ?has become even more important to the festival since the Des Bains Hotel, another festival hub, was shut for total refurbishing last year.The agreement between the festival and the Excelsior and t <a href=https://www.stanleycup.pl>stanley kubek</a> he Starwood hotels which include the elegant Danieli Hotel on the Grand Canal in Venice and the Europa Hotel on the Lido assure pre-established rates with stale and reasonable prices, the Biennale said. The agreements aim to make <a href=https://www.cups-stanley.uk>stanley cup</a> it possible to stay in the superior-level structures at the best possible conditions, a Biennale press release asserted.The hotel agreements and priority of the Sala Grande refurbish |