TALLINN: The Estonian government has approved a one-time rise in the amount of funding available through the country’s film incentives.
The increase will allow Film Estonia to give some 5 m EUR in film incentives to the Hollywood film Tenet on its projected 16 m EUR spend in Estonia, using the 30 percent rebate on expenditures. The action/adventure film’s overall budget is reported to be in the range of 200 m EUR.
Previously the available funding was capped at 2 m EUR.
Tenet is directed by Christopher Nolan and stars Robert Pattinson, Michael Caine, Kenneth Branaugh, Aaron Taylor-Johnson and Elizabeth Debicki.
The Film New Europe (FNE) Association is the networking platform for film professionals in the CEE/SEE/Baltics region. The webportal and FNE newswire was chosen as the MAIN TOOL to achieve the network’s objectives of the sharing of know how, visibility of regional cultural diversity and finally the VOICE of the region.
FNE’s objectives include VISIBILITY for the region and AUDIENCES for films by providing a special focus on the region.