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German Film Business Eyes Funding Revamp Warily: ‘Time Is Running Out’
A proposed reform of the German film funding regime is welcomed by producers but uncertainty is fueling anxiety.
Among the leading German directors with films coming up are Tom Tykwer with “The Light,” “The Teachers’ Lounge” helmer İlker Çatak with “Yellow Letters,” and Fatih Akin with “Amrum.” Meanwhile, German producers are mulling the impact of the country’s culture and media minister Claudia Roth’s proposals to overhaul the funding system, which includes the introduction of a 30% tax incentive and an obligation for streamers to invest 20% of their revenue in European content. Martin Moszkowicz, who recently segued from being CEO at Constantin Film – which just had a massive box office hit in Bora Dagtekin’s “ Chantal and the Magic Kingdom ” – to an inhouse producing role, welcomes the move, but acknowledges that it’s a “huge undertaking.”
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