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Portugal's Rebates Lure Foreign Shoots, Power Domestic Production

Portugal s Rebates Lure Foreign Shoots, Power Domestic Production
Martin Dale, provided by
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Portugal’s cash rebate scheme, introduced in 2018, is attracting major international productions and new production outfits and facilities, and providing significant leverage for domestic film and TV productions.
Shoots slowed during the pandemic, with several projects lensed in bubbles, but production is expected to surge in the second half of 2021.
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The current cash rebate is tabbed at 25/30% of eligible production spend and may be upwardly revised in the near future.
€22.5 million ($27.5 million) in total cash rebate has been disbursed since 2018, roughly equally split between international shoots and 100% Portuguese productions and co-productions. ....

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Adrian Politowski's L.A.-Based Align Joins 'Little Nicholas' as Co-Financier (EXCLUSIVE)

Adrian Politowski s L.A.-Based Align Joins Little Nicholas as Co-Financier (EXCLUSIVE)
Elsa Keslassy, provided by
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Adrian Politowski’s Align, the L.A. based production and finance company, has come on board to co-finance “Little Nicholas,” a hand-drawn animated feature directed by Amandine Fredon and Benjamin Massoubre.
The feature is being produced by Aton Soumache at ON Kids & Family (“The Little Prince”), a Mediawan Group company, and Lilian Eche and Christel Henon at Bidibul Productions. Charades, the banner behind the Oscar-nominated “Mirai,” is handling international and domestic sales.
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Fredon and Massoubre previously worked on “Ariol” and “I Lost My Body,” respectively. Created by the author Rene Goscinny and the New Yorker illustrator Jean-Jacques Sempe, “Le Petit Nicolas” follows the adventures of a mischievous boy and his schoolmates, teacher and parents in Paris in the 1960s. ....

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China Poised to Give Korean Content a Boost After Three Year Boycott

China Poised to Give Korean Content a Boost After Three Year Boycott
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The end came quietly with the humdrum announcement of a deal between two state-owned TV groups, China Central Television (CCTV) and South Korean public broadcaster KBS. The pronouncement of “cooperation in various aspects of the cultural industry by using the strengths of both in online video,” could scarcely have been more banal.
But China watchers were quick to seize on the hope that the claimed “strategic partnership” meant a thaw in the frosty relationship between Asian neighbors that had completely iced up bilateral Chinese-Korean business dealings in entertainment. ....

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Portugal's Cash Rebate: How It Works - Laredo Morning Times

Portugal s Cash Rebate: How It Works
Martin Dale, provided by
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Cash Rebate of 25-30% on eligible local spend, as determined by a cultural test.
Minimum eligible spend of €500,000 ($610,000) for fiction and animation and €250,000 ($305,000) for documentaries and post-production.
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Attributed on first-come, first-served basis. Decision within working 20 days.
Upfront payments paid in installments.
Production expenditures incurred in Portugal, provided by persons or companies, qualify as eligible expenses if subject to tax liability in Portugal.
Production expenses related to production activities carried out in Portugal, but contracted with service providers established in other E.U. countries or the European Economic Area, are considered to be eligible expenses, up to a limit of 20% of eligible expenditure in Portugal. ....

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