Japan has actually revealed information of a very expected production incentive program to draw in movies, premium TV and streaming tasks to fire in the nation.
The scheme, first revealed by Screen in May, will certainly be open to large global film and TV tasks that invest at the very least JPY500m ($ 3.4 m) on production prices in Japan or whose complete production prices go beyond JPY1bn ($ 6.8 m) and straight production prices in Japan go beyond JPY200m ($ 1.35 m). Reimbursement covers to 50% of certifying expense in the nation.
The program is possessed by Japan’s Ministry of Economy, Trade Industry and will certainly be run by the Visual Industry Promotion Organization (VIPO) and worked with by the Japan Film Commission (JFC).
Productions eligible for assistance will certainly be “large-scale overseas TV and film projects shot on location in Japan” and applications for the first round of financing need to be …