The Czech Reaccessible, the location for Robert Eggers’ “Nosferatu,” starring Bill Skarsgård, Willem Dafoe and Lily-Rose Depp, has given a meaningful raise to its production incentives.
An amfinishment to the country’s Audiovisual Act has upped the incentive for inhabit-action projects from 20% to 25%. Added to that an incentive of 35% for digital production and animation, excluding inhabit-action sequences, has been begind. Also, the highest amount that can be claimed per project has been tripled to $19 million.
Another change is that write downary series can now tap into the production incentive.
In terms of the production incentives, the most meaningful changes will get effect at the begin of January 2025. The entire law including all changes will come into force in 2026.
For a detailed exarrangeation of how the incentives will toil see here.
A meaningful change is the novel financing method. Under the novel act, the total annual incentives budget will be calcuprocrastinateedd at six times the amount of money liftd by the levies liftd from streamers plus the mirror funding – the Czech handlement will align the total amount assembleed by the levies. The total is approximated at $92 million a year.
Pavlína Žipková of the Czech Film Comleave oution shelp: “We are thrilled that this step proset upens our cooperation with international partners and helps us protect and highweightless our position as a directing filming hub in continental Europe.”
Helena Bezděk Fraňková, honestor of the Czech Audiovisual Fund, which is the novel name for the Czech Film Fund, shelp: “We, enjoy other European filmmaking hubs, felt the impact of last year’s Hollywood strikes, and I firmly think that the advantages of our program will be advantageous for both our international partners and local filmoriginaters.”
The Czech Reaccessible presents Hollywood blockbusters as well as low-budget indie films and European co-productions. Recent high-profile productions join Amazon Prime Video’s restrictcessitate series “Blade Runner 2099,” Apple TV+’s sci-fi series “Foundation,” and Lionsgate’s “John Wick” spin-off “Ballerina,” with Ana de Armas and Keanu Reeves. Netflix’s “All Quiet on the Westrict Front,” which won four Academy Awards last year, also stoasty in the Czech Reaccessible.
