New Zealand Renews Film and TV Production Incentives System, Following Review
variety.comPatrick Frater Asia Bureau Chief The New Zealand government said on Tuesday that the country’s generous screen production incentives systems are to be continued.
The decision follows a New Zealand government review of the local and international production incentives and the post-production and visual effects schemes that began in late 2022.
They also follow expansion announced earlier this month of the rebate schemes in Australia. The two neighbors compete for international or ‘runaway’ productions on criteria including: locations, English-language skills, studio space, post-production and digital effects facilities, as well as cash rebates.
The screen sector contributes more than NZ$3.5 billion ($2.12 billion) to the New Zealand economy each year and directly employs over 13,900 people.
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