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FWIW, there's a income tax reduction scheme in France that allows people to invest in film production companies. If the project fails, you get to write off your
by ovi256 7y ago
FWIW, there's a income tax reduction scheme in France that allows people to invest in film production companies. If the project fails, you get to write off your whole investment - no harm right ? If it makes any money, you get your share of the profit.
It's basically a free option on film production profits that the government gives out.
The total number of film productions is limited by art ministry fiat. Connected producers get the necessary yearly accreditations, and the companies are limited in how much investment they can take.
Because of this, France is the 3rd world movie producer, after Bollywood and Hollywood. They have the lowest median views per film though.