Specializing in European co-productions, Vienna-based boutique shingle Pont Pictures is spearheading an innovative initiative to boost international collaborations by leveraging Austrian film funding incentives.
Pont Pictures head Philipp Mair Vargas has unveiled a model that utilizes the 60% co-production incentive offered by the Austrian Film Institute’s ÖFI Plus subsidy program to help filmmakers overcome what he describes as one of the most significant challenges in independent filmmaking: closing their financing gap.
By strategically allocating and relocating production costs to Austria, Mair Vargas promises that 60% of the Austrian spend can be covered by the national incentive program even without actual shooting days in the country. Instead, filmmakers can qualify by outsourcing post-production to Austria or hiring Austrian crew members who work on location elsewhere, Mair Vargas points out.
“For example, if a project is short €250,000, we allocate an overall Austrian spend of €416,000. With 60% of these costs covered by our co-production incentive,...
Pont Pictures head Philipp Mair Vargas has unveiled a model that utilizes the 60% co-production incentive offered by the Austrian Film Institute’s ÖFI Plus subsidy program to help filmmakers overcome what he describes as one of the most significant challenges in independent filmmaking: closing their financing gap.
By strategically allocating and relocating production costs to Austria, Mair Vargas promises that 60% of the Austrian spend can be covered by the national incentive program even without actual shooting days in the country. Instead, filmmakers can qualify by outsourcing post-production to Austria or hiring Austrian crew members who work on location elsewhere, Mair Vargas points out.
“For example, if a project is short €250,000, we allocate an overall Austrian spend of €416,000. With 60% of these costs covered by our co-production incentive,...
- 2/13/2025
- by Ed Meza
- Variety Film + TV
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