Magazine article Screen International

German Studios, Producers Rally for a More Competitive Incentive

Magazine article Screen International

German Studios, Producers Rally for a More Competitive Incentive

Article excerpt

German film studios and producers have stepped up calls for an automatic tax incentive scheme to be introduced to put Germany on an equal footing with such countries as the UK, Belgium and Croatia in attracting foreign film productions.

Studio Babelsberg CEO Christoph Fisser didn't mince his words about the difficulties being faced when he declared that "Germany doesn't exist on the map - at least for US producers" and pointed that his studio hadn't been able to win any new project to come to shoot in Babelsberg since May 2015 because of the lack of attractive incentives on the scale offered in other territories.

The fact that Peter Segal's $130m film Inversion - the first production by the Hong Kong/Beijing-based company Facing East - is now set to begin shooting at the studios in the spring was the result of nearly six years of negotiations by the Babelsberg management.

Earlier this week, the studio received funding from the local film fund Medienboard Berlin-Brandenburg (euro700,000) and Medien- und Filmegesellschaft(MFG) in Baden-Württemberg (euro600,000) for the production starring Samuel L. …

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