europe the continent of sounds and images · europe the continent of sounds and images ! virginie...
TRANSCRIPT
![Page 1: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/1.jpg)
Europe The continent of
sounds and images !
Virginie NOUVELLEMonday, April 19th 2010
![Page 2: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/2.jpg)
Regions and Cinema : A new deal
• Films commissions and Films funds• A trans-regional Network :
![Page 3: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/3.jpg)
Some geography…
![Page 4: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/4.jpg)
WalloniaWallonia
Let’s talk about Belgium…
� Wallimage created in 2001
� Bruxellimage added in 2009
� 2 « National » Funds since 1967
� 10.5 M inhabitants
� 513 screens
� 21.8 M entries
![Page 5: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/5.jpg)
3 +1 Film Commissions
![Page 6: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/6.jpg)
+ The TWIST Walloons Technologies of Images, Sounds and Text
![Page 7: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/7.jpg)
Let’s speak very concretely !
Wallimage How does it work ?
![Page 8: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/8.jpg)
WALLIMAGEWalloon Regional Investment Fund for the Audiovisual Industry
• Set up in 2001• 8 staff members• Investment Budget : € 5.5 million / year :
3.5M€ financed by the Walloon Region2M€ financed by the Walloon and the Brussels Capital Region
• A economic approach !
• A lot of movies…
![Page 9: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/9.jpg)
Investing in films
• An average of € 250,000 (€ 400,000 = max)• With a minimal obligation of 100% in
audiovisual regional expenditures
• 60% of the investment in co-productiongiving a pro-rata access to the revenue
• 40% as a loan
• Possibility to reduce the loan proportionby increasing the regional expenditure
(+ 5% expenditure = - 1% loan)
![Page 10: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/10.jpg)
A concrete example :« LE COUPERET » Costa Gavras
At the begining, a coproduction between France and Spain
A famous belgian producer became a part of the deal : « Les Films du Fleuve »
Total budget of the Film :€ 5,000,000
Wallimage Investment :€ 330,000
Walloons Audiovisual Expenditures : € 1,020,445 !
![Page 11: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/11.jpg)
The figures !
2001 2002 2003 2004 2005 2006 2007
![Page 12: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/12.jpg)
Where are made the works ?
![Page 13: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/13.jpg)
In addition…
The Famous Belgian Tax Shelter
![Page 14: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/14.jpg)
Belgian private money goes to the movies !
• A maximum of € 500,000 • 40% of the investment as a loan
• 60% in co-production• With a minimal obligation of 150% of this
investment in coproduction spent in Belgian expenditures
• The investing company can exempt its taxable profit to the amount of 150% of the total investment
=> Its real risk is only 9% of the money invested in the film
![Page 15: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/15.jpg)
Can you see the differencebetween those two Euros ?
• Walloon euros are the same as Belgian euros• Wallimage is not working on a tax-scheme=> you can stackstack Tax-Shelter’s & Wallimage’s expenditures
Belgian Euro Walloon Euro
![Page 16: Europe The continent of sounds and images · Europe The continent of sounds and images ! Virginie NOUVELLE Monday, April 19 th 2010. Regions and Cinema : A new deal • Films commissions](https://reader033.vdocuments.mx/reader033/viewer/2022042621/5f6b9d7b9f3f2c35b121e8f9/html5/thumbnails/16.jpg)
Thanks for your attention