Streamers to allocate 3.5% of revenues to Czech content and more will be available for international productions.
Streaming platforms will have to allocate 3.5% of their revenues to Czech content and more incentives funding will available to international productions, as part of planned audiovisual reforms by the Czech government.
Under reforms to the country’s Audiovisual Act, a combination of a levy and direct investment obligations will be mandated for streaming platforms.
Streamers operating in the Czech Republic will pay a 2% levy of their revenues directly to the Czech Film Fund, which will invest the money in both Czech films and TV series.
Streaming platforms will have to allocate 3.5% of their revenues to Czech content and more incentives funding will available to international productions, as part of planned audiovisual reforms by the Czech government.
Under reforms to the country’s Audiovisual Act, a combination of a levy and direct investment obligations will be mandated for streaming platforms.
Streamers operating in the Czech Republic will pay a 2% levy of their revenues directly to the Czech Film Fund, which will invest the money in both Czech films and TV series.
- 7/6/2023
- by Tim Dams
- ScreenDaily
Opportunities for film and TV series production in the Czech Republic and broader Central and Eastern Europe, as well as the competition between Netflix and other sector players, were in the spotlight on the first day of the Eastern Promises Industry Days program of the Karlovy Vary International Film Festival on Sunday.
“Czechs love local content,” Lukasz Kluskiewicz, Netflix’s director of film licensing and co-productions for the region, told a panel about the current opportunities for film and series development in Central Europe on Sunday. “We can see growing relevance of local content, and we can see growing demand for local content.” That is why the development of and investment in such content is “crucial” for Netflix, he added.
The creation of local content is reflected in his business of licensing movies. “Since 2019, we have acquired 260 films, licensed,” said Kluskiewicz in emphasizing the streamer’s commitment to showcasing homegrown fare.
“Czechs love local content,” Lukasz Kluskiewicz, Netflix’s director of film licensing and co-productions for the region, told a panel about the current opportunities for film and series development in Central Europe on Sunday. “We can see growing relevance of local content, and we can see growing demand for local content.” That is why the development of and investment in such content is “crucial” for Netflix, he added.
The creation of local content is reflected in his business of licensing movies. “Since 2019, we have acquired 260 films, licensed,” said Kluskiewicz in emphasizing the streamer’s commitment to showcasing homegrown fare.
- 7/2/2023
- by Georg Szalai
- The Hollywood Reporter - Movie News
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