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Media Companies Blast German Government Plans to Overhaul Film Funding
Leading media groups have blasted government plans to overhaul Germany’s film funding system.
Germany’s commissioner for culture and media (BKM), Claudia Roth, Tuesday presented her wide-ranging reform plans ahead of the start of this year’s Berlin Film Festival. There is also a significant risk of diversity being jeopardized on the broadcasting and streaming side if providers can no longer make their investments economically sustainable in a developing, highly-competitive market for on-demand offerings.” Vaunet argues that the government should instead stick to the tax incentive, stressing that the current combination included in the bill, with its “far too high investment commitment” and rights sharing requirements, “deeply interferes with the supply sovereignty of the providers concerned” and would not bring Germany forward as a film location.
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