In the early years of the 21st century, bankers to the film industry set their eyes on East Asia and headed for Hong Kong and Beijing. They could see that mainland China’s decision to open the film business to the private sector had the potential to be a game-changer. Multiplexes were being built, box office was growing and trans-Pacific co-productions were starting.
But the revolution failed to happen, Asian film financing refused to become Westernized and debt financing of filmmaking remains a minority activity in the region.
Film production in East Asia continues to be built on a foundation of corporate balance sheets (or self-finance) with a generous sprinkling of private equity. Large, structured funds remain rare outside South Korea and the region does not have the same subsidy culture as Europe.
Location incentives have grabbed headlines in an array of countries over the past decade, but governments have not always followed through.
But the revolution failed to happen, Asian film financing refused to become Westernized and debt financing of filmmaking remains a minority activity in the region.
Film production in East Asia continues to be built on a foundation of corporate balance sheets (or self-finance) with a generous sprinkling of private equity. Large, structured funds remain rare outside South Korea and the region does not have the same subsidy culture as Europe.
Location incentives have grabbed headlines in an array of countries over the past decade, but governments have not always followed through.
- 5/10/2022
- by Patrick Frater
- Variety Film + TV
Poster art by Jeremy Love.
1967, the height of the Red Scare. Australian Prime Minister Harold Holt is embroiled in a power struggle after discovering his spymaster has illegally investigated and exposed Red sympathisers embedded within Holt's administration.
That's the premise for an ambitious new Australian short film set in the period leading up to the Holt's famous disappearance at Victoria's Cheviot Beach.
The Defector is written, directed and produced by Scott Mannion and executive produced by Antonia Barnard, Nick Cole, Greg Dick and Simon de Bruyn, who describes the short as "an Australian spy film made to world class standards."
Mannion came to de Bruyn's attention in his capacity as an acquisitions executive with international sales agent and production company Xyz Films..
"As part of my role at Xyz, and its joint venture Xyz-gfc, I am tracking some of the best genre talent in this region and Scott had quickly...
1967, the height of the Red Scare. Australian Prime Minister Harold Holt is embroiled in a power struggle after discovering his spymaster has illegally investigated and exposed Red sympathisers embedded within Holt's administration.
That's the premise for an ambitious new Australian short film set in the period leading up to the Holt's famous disappearance at Victoria's Cheviot Beach.
The Defector is written, directed and produced by Scott Mannion and executive produced by Antonia Barnard, Nick Cole, Greg Dick and Simon de Bruyn, who describes the short as "an Australian spy film made to world class standards."
Mannion came to de Bruyn's attention in his capacity as an acquisitions executive with international sales agent and production company Xyz Films..
"As part of my role at Xyz, and its joint venture Xyz-gfc, I am tracking some of the best genre talent in this region and Scott had quickly...
- 10/6/2016
- by Harry Windsor
- IF.com.au
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