Film Fund invests 38 million euros in Luxembourg film industry
(CS) Luxembourg's Film Fund invested over 38 million euros in the Grand Duchy's film industry in 2012, with subsidies granted for the development and production of films, but also workshops and movie promotion.
Under the “Aides Financières Sélectives” scheme, some 696,561 euros were spent last year to help support develop or fund scriptwriting for 15 projects. Among the films supported is Beryl Koltz's latest feature Dress Sexy at My Funeral, set for a 2014 release, as well as Andy Bausch documentary “D'Fifties” about the 1950s in Luxembourg, soon to be released.
Under the same scheme, another 22 films benefitted from financial aid for production as part of the, including spy thriller Möbius, which starred Jean Dujardin and Tim Roth and was partially shot in Luxembourg last year.
As part of the “Certificats d'Investissement Audiovisuel” investment project, a further 22 films secured a total sum of 20,520,853 euros in aid. These include award-winning drama “A perdre la raison”, cycling documentary “The Road Uphill”, as well as Luxembourg crime drama “Doudege Wénkel”.
Subsidies were also awarded for workshops, dubbing projects, as well as the promotion of Luxembourg films, for example at international festivals.
This brings the total sum of money invested in the film industry to 38,476,960 euros, making up more than half of the funds invested in the Grand Duchy's audiovisual sector as a whole, which amounted to just over 68.4 million euros in 2012.
At the presentation of the 2012 report, Film Fund director Guy Daleiden also revealed that the next edition of the Luxembourg Film Prize, awarded every two years, will coincide with the closing ceremony of the 2014 Discovery Zone Luxembourg City Film Festival.
The Film Fund was first established in 1990. It operates under the auspices of Luxembourg's Culture, and Media and Communications ministries and helps distribute government funds to support the country's film industry.
Find out more in filmfund.lu