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“There’s Less Money Everywhere”: Producers Talk Growing Need To Bridge Asia’s Market-Driven Industry With European Subsidy System – Filmart
Asian producers are looking more closely at co-production and how to combine Europe and Asia's very different funding models.
The fact that both Asia and Europe are finding it more difficult to finance movies following the pandemic may drive the two regions to start working together more closely, despite the huge differences in their funding systems, said a group of leading producers on a two-session Filmart panel. Cristiano Bortone, managing director of Bridging The Dragon, which co-organised the panel with Filmart, said there are more co-production discussions between Europe and Asia these days because film financing in both regions became much more difficult during and since the pandemic: HKFDC’s Mak explained the requirement is designed to give Hong Kong professionals more international experience, but agreed it may need to be looked at in more detail: “We’ve had similar advice from others and it’s something we will take into account for the next phase and will either modify or collect more opinions.”
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