Germany Boosts Film Funding by Over $50Million

The Deutscher Filmförderfonds (German Federal Film Fund) announced today that it shall be the recipient of an increase of over $50million in governmental funding. 

Germany’s main national film subsidy system will see an increase in its budget from $24million to $80million this year, with the country’s Cultural Minister Monika Grutters expecting a further increase in 2018.

It was also announced that the DFFF will be introducing a new funding system for big budget productions in an attempt to make Germany a more attractive venue for tentpole movies and high budget television shows, a move that is seen as reactionary to the increased popularity of France and especially the UK as filming destinations for some of Hollywood’s biggest films.

Source: THR
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