April 26, 2024

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In 2021, two German tax incentive programs brought a record investment in the region of 740 million euros in cinema and series.

In 2021, two German tax incentive programs brought a record investment in the region of 740 million euros in cinema and series.

Last year, the DFFF and the German Motion Picture Fund supported new productions with a total of €147.4 million, increasing the initial budget by nearly fivefold.

This article is available in English.

In 2021, two major production incentives in Germany boosted inward investment in high-end films and TV series. The figures show €740 million in German spending, which includes all production costs, including goods and services related to the films, and fees for German cast and crew members, as well as foreign actors and crew, for his time. photography in the country.

Last year’s figure represented an increase of €35 million over 2019 figures, proving that the pandemic crisis and the restrictions imposed on it had little impact on film and television production in Germany.

(The article continues below – business information)

In detail, the German Federal Film Fund (DFFF) and German Fund for Moving Images (GMPF) awarded a total of €147.4 million in 2021, an increase of €62.8 million in 2020 and €11.9 million in 2019, resulting in a fivefold increase in initial spending.

In 2021, the Dubai Film Festival divided 55 million euros into 89 new projects, including 66 fiction films and 21 documentaries and animated features. Thirty-two of these were international co-productions. It also awarded grants worth €42.4 million to service providers operating in seven major international productions. Among these projects, John Wick: Chapter 4 He received the largest grant (19.8 million euros). In all, the fund’s financing generated more than €465 million in domestic spending, nearly five times its 2021 budget of €97.4 million. Moreover, it supports GMPF 19 series, including Baran Bu Udar And the Gantje FriesehThe long-awaited new 8-episode mystery drama premiere 1899 [+lee también:
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(look at it newsletter) and new seasons Babylon Berlin And the Munich match. Gross domestic spending generated by the GMPF-backed series exceeded €276 million, nearly six times the total fund support of €50 million.

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