Exclusive: Ukraine film industry set to receive fivefold cash injection and first rebate scheme.
Ukraine’s new Cinema Law could see a massive cash injection for the State Film Agency and the introduction of a cash rebate scheme from 2017.
Speaking at the fifth edition of the Odessa International Film Festival’s Film Industry Office this week, Philip Illienko, head of the Ukrainian State Film Agency, explained that the Cinema Law had already passed its first reading in the national parliament and is expected to be finally adopted in a second reading this autumn.
¨The provisions [of the new Law] will be revolutionary for our industry and we will say goodbye to many Soviet elements which have still existed [in the flm funding legislation],¨ Illienko said.
According to the draft law going through parliament, the Film Agency would expect to receive financial support equal to 0.2% of Ukraine’s state budget from 2017, which would be equivalent to $55.2m (€50m), a substantial increase on the Film Agency’s current...
Ukraine’s new Cinema Law could see a massive cash injection for the State Film Agency and the introduction of a cash rebate scheme from 2017.
Speaking at the fifth edition of the Odessa International Film Festival’s Film Industry Office this week, Philip Illienko, head of the Ukrainian State Film Agency, explained that the Cinema Law had already passed its first reading in the national parliament and is expected to be finally adopted in a second reading this autumn.
¨The provisions [of the new Law] will be revolutionary for our industry and we will say goodbye to many Soviet elements which have still existed [in the flm funding legislation],¨ Illienko said.
According to the draft law going through parliament, the Film Agency would expect to receive financial support equal to 0.2% of Ukraine’s state budget from 2017, which would be equivalent to $55.2m (€50m), a substantial increase on the Film Agency’s current...
- 7/22/2016
- by screen.berlin@googlemail.com (Martin Blaney)
- ScreenDaily
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