Netherlands Film Fund launches new financial and production protocol
PRODUCTION / FINANCING Netherlands
through Mariana Hristova
– Since January 1, the Dutch funding body has introduced significant changes, including an increase in the annual budget for local productions
As part of the Netherlands Film Fund’s current policy plan (2021-2024), the Dutch public institution aims to forge a better connection between cultural and media policies. Its main objective is to maintain and strengthen the range of independent Dutch films, series and documentaries in the context of a rapidly changing international market. In view of the intensification of competition in recent years, which has put the visibility of Dutch cultural and audiovisual production under pressure, the fund is trying to place particular emphasis on national cultural productions.
One of the main novelties of the funding system is the more generous support given to Dutch productions. Since the start of the new year, the film fund has a larger amount, bringing the budget to 5 million euros per year for the next two years and to 6.3 million euros per year from 2024. The emphasis here remains on quality films of all genres. and all categories. Twelve regular feature films will be supported on an annual average, receiving a maximum of € 750,000 if they have an overall production budget of up to € 1.5 million, and a maximum of € 1 million if the total budget exceeds 1.5 million euros. Four low-budget films could earn up to € 450,000 per feature film per year, with particular priority being to speed up funding, development and production. Two new directorial talents per year will be supported with a maximum of € 850,000 for a first film project and will also be guided through a tailor-made development process, while four other ambitious feature film projects with proven high cinematic quality intended large audiences can request a maximum of 1.8 million euros if their production budget is equal to or greater than 3 million euros. The above contributions may also cover the cost of international sales, captioning, marketing and promotion.
While the COVID-19 pandemic continues at a steady pace, support measures intended to cover additional production and distribution costs remain in force. This also applies to the pandemic guarantee scheme, which extends to television documentaries and to drama, animated and documentary series.
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