Filmmaking Income Near HUF 100bn

  • 9 Aug 2017 10:10 AM
Filmmaking Income Near HUF 100bn
The total amount spent on filmmaking in Hungary could exceed Ft 100 billion this year, up from Ft 65 billion last year, the state film fund MNF announced on Tuesday.

In addition to the government’s 25% indirect subsidy to film productions, the increase is due to the good reputation of Hungarian film professionals, the available film industry infrastructure and the architectural heritage of the country, the MNF added.

The film industry accounted for 0.15% of GDP in 2014, and 0.25% in 2016.

A government resolution published on Tuesday makes Ft 7.7 billion available for indirect subsidies for movie productions.

This year, large film projects filmed or yet to be filmed in Hungary include Sunset by László Nemes Jeles; the thriller X by Károly Ujj Mészáros; Ether by Krysztof Zanussi; Red Sparrow, starring Jennifer Lawrence and Jeremy Irons; Robin Hood with Jamie Doran, Ben Mendelsohn and Jamie Foxx; the series Aliens with Dakota Fanning, Daniel Brühl and Luke Evans; a movie about French writer Colette, starring Keira Knightley; and The Spy Who Dumped Me, with Mila Kunis and Kate McKinnon.

Source: Hungary Around the Clock

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