Attention: PROnetworks has upgraded our forum from phpbb2 to phpbb3!!

Please head over to our new converted forum at: http://www.pronetworks.org/forums/

This old forum will remain 'read-only' until approximately February 2009. We look forward to seeing you at the new forum!
Author Message
phileysmiley
Larry Richman
PostPosted: Sat Feb 09, 2008 9:20 pm Reply with quote

Media Director
 
 


Joined: 21 Jun 2004
Posts: 37439
Location: Philadelphia PA USA
south africa flagSouth Africa helps out the little guy
Low-budget projects to get film, TV rebates
By CHRISTELLE DE JAGER

JOHANNESBURG -- South Africa's revised film and television production rebates, targeted at low-budget projects, come into force on Friday. The new two-tier rebate structure from the Dept. of Trade and Industry replaces the Large Budget Film and Television Production Rebate Scheme in place since 2004.

The current program was criticized for not being accessible to lower-budget productions, and the DTI said the new rebate structure would open doors for smaller producers. The new incentive was "intended to increase local content generation and improve location competitiveness for foreign film productions in South Africa," DTI said.

Previously, South African and co-production treaty films qualified for a 25% rebate, and foreign films qualified for a 15% rebate of their South African spend if half the principal photography was done in South Africa over a minimum of four weeks. xpenditure had to be 25 million rand ($3.57 million) or more -- high by South African standards -- and the rebate was capped at $1.42 million for a single production for both local and foreign films.

Lower-budget producers could bundle three projects together over one year to reach the minimum expenditure required, but even this was still a tall order for cash-strapped filmmakers. Now, South African and co-production treaty films with a budget of at least $357,000 will receive a rebate of 35% of their South African spend for the first $857,000 spent and 25% for any additional expenditure. The rebate is still capped at $1.42 million per production.
 
Back to top
Grav!ty
Graham Massey
PostPosted: Sat Feb 09, 2008 9:39 pm Reply with quote

VP - Operations
 
 


Joined: 14 Sep 2004
Posts: 20994
Location: Johannesburg
There've been failed attempts to kick-start the local south african movie industry for years. Cape Town is a fairly sought after location and sometimes it's a real hassle trying to get anywhere because the streets are all cordoned off with some two bit movie in production. Yeah my attitude towards that is not the best and most folk in Cape Town feel the same.

Actually there is a thriving little industry there but quite honestly many of our home grown movies don't even make the third grade listings...really poor and affected/artificial acting and the camera work and production work sucks in my openonion...I mean really now! Gums and Noses?
 
Back to top
Back to top
Index >> Multimedia Warehouse >> South Africa Supports Indie Filmmakers

Page 1 of 1

 


Tired of the Ads? Registered users have 80% less adverts.