EC Approves Czech Republic Film Incentive for $400 Million Fund
PRAGUE -- The Czech Republic's great hope for restoring its once-thriving foreign production biz, a 20% film incentive, moved closer to reality Friday when the European Commission revealed it had approved the plan, which would set up a $400 million kitty.
Details of the sweeteners, which have been under wraps pending the approval, are still not being discussed while the Czech Culture Ministry goes over the 20-page document to be sure it conforms to their draft.
Read the Variety Article
PRAGUE -- The Czech Republic's great hope for restoring its once-thriving foreign production biz, a 20% film incentive, moved closer to reality Friday when the European Commission revealed it had approved the plan, which would set up a $400 million kitty.
Details of the sweeteners, which have been under wraps pending the approval, are still not being discussed while the Czech Culture Ministry goes over the 20-page document to be sure it conforms to their draft.
Read the Variety Article
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