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EIF Injects $26 Million Into European Film and TV Production
The EIF invests €25 million in IPR.VC Fund III to boost European film and TV production, aiming for €120 million by March 2025.
Recent recipients include the upcoming “Mother Mary,” starring Anne Hathaway (pictured above), Sundance standout “The Legend of Ochi,” Alex Garland’s “Civil War” and Matt Johnson’s Berlin competition player “Blackberry.” The fund will focus on producing international movies and TV series with a strong European emphasis, addressing a market gap in securing new investments for the development and production phases of audiovisual projects. “Rather than the outdated cliché of investing in ‘passion projects,’ this major commitment from the EIF underlines the growing and enduring value of premium film and TV content in Europe and globally,” said Tanu-Matti Tuominen, Co-Founder and Head of Investor Relations at IPR.VC.
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