Cinema film - The State Chancellery calls for a swift plan to restructure the subsidy system.
Florian Herrmann, the head of Bavaria's State Chancellery, has called on the federal government to come up with a solid plan for a new film funding system in Germany. This plan should include both tax incentives and financial investments, says Herrmann during a trip to film production sites in Atlanta, USA.
Herrmann emphasizes that productions tend to follow money, and Georgia shows this off beautifully with its successful film funding model. "We desperately need to keep our film industry competitive on the international stage," he states.
The locations in the film industry that are currently thriving are those that offer tax incentives of 30% or more, such as Britain, France, or Austria. "We can't allow Germany's film production site to continue falling behind," Herrmann insists.
To keep up with these locations, Germany needs a similar level of funding incentives, according to Herrmann. The federal government must act soon with a plan that aligns with the Federal Finance Ministry as well as the state governments. It's also crucial that they address how the state budget deficits resulting from tax reductions will be made up. So far, Culture State Minister Claudia Roth (Greens) has put forth some ideas, but these remain fragmented and unclear due to the missing financial details.
Right now, the German film industry employs about 120,000 individuals, who collectively create annual sales of 11.5 billion euros, with 2.3 billion euros coming from Bavaria alone. Last year, Bavaria allocated 42 million euros for film funding via its film funding fund.
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- The film industry in Georgia, specifically Atlanta, has attracted attention due to its generous tax incentives of 30% or more, which has significantly boosted its film production sites.
- Herrmann, during his visit to film production sites in Atlanta, USA, expressed his concern that Germany's film industry is falling behind those more generously funded locations, such as Georgia, and called on the Federal Government to take action.
- The CSU, through its State Chancellery, has suggested a plan for restructuring the subsidy system in the German film industry, aiming to make Germany more competitive in the global movie market.
- Flórian Herrmann, the head of Bavaria's State Chancellery, emphasized in Munich that Germany needs to match the funding incentives offered by countries like Britain, France, and Austria to keep its film production thriving.
- In order to stay competitive, the CSU's State Chancellery believes that the Federal Government should implement similar tax incentives, align its plan with both the Federal Finance Ministry and state governments, and address how potential budget deficits will be offset.
- Herrmann's proposals were welcomed in the USA by Hollywood studios, with several expressing interest in potentially moving their film productions to Germany, once the new funding system is in place.
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