Fundamental Films chairman Mark Gao and his CEO Ivy Hua are in Cannes to reconnect with the international industry as part of the Shanghai-based company’s return to international acquisitions and production.
03.05.2024 - 13:53 / variety.com
Annika Pham In a move to consolidate its bullishly expanding audiovisual industry, Spain’s Canary Islands have just scrapped a prior €50 million ($53.5 million) cap on total annual tax incentives tapped by movies and series shooting in the archipelago. Announced April 30, the ground-breaking measure was applauded by local industry heavyweights who have been lobbying national and regional authorities, “This couldn’t be better news for the Canarian audiovisual sector, and by extension, for the Spanish audiovisual sector,” said Rubén Zarauza, president of the Audiovisual Cluster of the Canary Islands, and co-head of Amuse Studios, the Spanish branch of France’s Amuse Animation group.
“What we have achieved with this [tax break] cap removal is greater peace of mind for producers and other players in the sector,” Zarauza added. Pablo Hernández, president of ZEC, the Canary Islands’ tax Special Zone, offered to regions on the periphery of the European Union, echoed Zarauza: “The tax credit in the Canary Islands for [single] audiovisual productions is 54% for the first €1 million [$1.1 million] of eligible expenditure and 45% for amounts exceeding €1 million,” he told Variety. “The maximum is a €36 million [$38.9 million] tax rebate/credit for a film, and €18 million [$19.4 million] per episode for a series.
There was a limit of €50 million for all projects worth approximately €250 million [$270 million] in annual production spend. Now that this limit is being abolished, all producers in the island can enjoy the rebates with caps stallion place for individual works,” he underscored.
Fundamental Films chairman Mark Gao and his CEO Ivy Hua are in Cannes to reconnect with the international industry as part of the Shanghai-based company’s return to international acquisitions and production.
Todd Longwell The Sony Pictures sequel “Bad Boys: Ride or Die” made headlines as it rolled through a succession of Florida locations in late February and early March, with reports of crews “spark(ing) buzz” filming on the A1A Highway in Fort Lauderdale, fans catching a glimpse of stars Will Smith and Martin Lawrence in Brickell, and traffic tie-ups in Miami. “If you look at the trailer, you’ll see anything that has to do with the beach is all us, with the stunt scene that they did on Ocean Drive in Fort Lauderdale,” boasts Sandy Lighterman, film commissioner for Broward County (Film Lauderdale) and president of Film Florida.
Demi Moore is back on the red carpet in Cannes!
Prime Video’s German series Maxton Hall – The World Between Us has been handed a swift recommission after becoming the streamer’s most-watched international show of all time in its first week.
The cast of Megalopolis took to the red carpet at the 2024 Cannes Film Festival on Thursday (May 16) to attend the movie’s premiere.
A number of celebs descended on the Trafford Centre last night for a sneak peek of beauty giant, Sephora's new store.
Jim Jarmusch’s anticipated next film, “Father Mother Sister Brother.” They’re joining Cate Blanchett and Vicky Krieps, who were previously rumored to be starring after being photographed on set. “Father Mother Sister Brother” recently wrapped production in Paris following shoots in Dublin, Ireland and in the Northeastern U.S. Post-production has begun New York, and the film is expected to be finished later this year.
Patrick Frater Asia Bureau Chief Cultivator Films Australia, the local subsidiary of France’s Studiocanal, has begun production of “Kangaroo,” its first movie. It tells the story of Chris Barns, aka ‘Brolga,’ founder of the Kangaroo Sanctuary in Alice Springs. Previously announced in December, the film is directed by Kate Woods (“The Umbrella Academy,” “The Good Lord Bird,” “Looking for Alibrandi”) and is written by Harry Cripps (“The Dry,” “Penguin Bloom”) with Melina Marchetta and additional material from Danielle MacLean & Peta-Lee Cole-Manolis.
“Mommie Dearest” actress walked the red carpet at the premiere of the action film “Furiosa: A Mad Max Saga” starring Chris Hemsworth and Anya Taylor-Joy. She was joined by Laurent Bouzereau, 62, who is the director of her new documentary that is premiering at Cannes, and her son Liam Dunaway O’Neill, 43, who appears in the HBO doc.The Hollywood icon wore a black blazer over a white shirt with black pants.
EXCLUSIVE: Billy Zane portrays Marlon Brando in the upcoming film Waltzing With Brando on set in the late 1960s and early ’70s when Brando purchased the private atoll Tetiaroa in the South Pacific.
Meryl Streep has made her big arrival for her 2024 Cannes Film Festival photo call!
Patrick Frater Asia Bureau Chief “Bona,” one of the landmark films of Philippines cinema, is headed for release in France and the U.S. later this year. Directed by Lino Brocka, considered one of the pioneers of Philippines cinema, a restored version of the film returns to Cannes after an absence of more than 40 years.
Sephora has announced it will be handing out a limited number of exclusive treats to shoppers who visit its brand new Trafford Centre store on its opening day. The giant beauty retailer will open to the public next Thursday (May 16) making it its third UK store.
The Radford family are off on another holiday, less than a month after returning from a trip to Disneyland in Florida. Mum-of-22 Sue Radford and her husband Noel have posted that they're making the most of the nice weather on a motorhome holiday.They have revealed that their family are "chilling" in their motorhome , enjoying barbecues and playing on swing sets on a weekend trip.The family posted their luxury RV, which cost an estimated £40,000, on their Instagram page to their 520,000 followers.Their motorhome boasts plenty of seating for their 22 children, and when it's bedtime the seating turns into beds.
AC/DC have shared a photo of their new line-up ahead of their first tour in eight years.The current incarnation of the legendary Australian rock band features classic members Brian Johnson (vocals) and Angus Young on vocals and lead guitar respectively alongside rhythm guitarist Stevie Young, drummer Matt Laug, and bassist Chris Chaney.Stevie Young is the nephew of Angus and has been playing with the band for several years, initially filling in for Malcolm Young when he was diagnosed with dementia. After he passed away in 2017, Stevie remained with the band.Laug, meanwhile, made his debut with AC/DC at Power Trip festival in Indio, California back in October after classic drummer Phil Rudd revealed he would not be performing at what was the band’s first live show in seven years.Chaney is best known for his time playing in Jane’s Addiction and recently replaced Cliff Williams after he retired from touring.Johnson is returning to the fold after leaving the band in 2016 due to hearing issues, which saw him replaced by Axl Rose.A post shared by AC/DC (@acdc)The ‘Power Up‘ tour – in support of their 2020 album of the same name – will kick off in the Veltins Arena in Gelsenkirchen, Germany on May 17, followed by dates in Spain, Austria, Switzerland and more.The run also includes two dates at London’s Wembley Stadium on July 3 and 7, before they continue on to more mainland Europe dates.
Patrick Frater Asia Bureau Chief Korean sales firm Finecut has inked multiple deals for horror thriller “Noise” and for “A Traveler’s Needs,” the recent Berlin prize-winner directed by Hong Sangsoo.“Noise” is a “multi-sensory and realistic horror” film that intertwines societal motifs of “floor noise” with suspenseful elements. Directed by Kim Soo-jin, the film centers around a woman with a hearing aid haunted by inexplicable sounds linked to her sister’s disappearance in her own apartment and attracting a malevolent presence.
One of cinema’s living legends, at 85 years old, filmmaker Francis Ford Coppola (“The Godfather,” “Apocalypse Now”) has finally made “Megalopolis,” an ambitious sci-fi epic he’s been dreaming of making since the 1980s. With the film set to premiere at the Cannes Film Festival later this month, in a matter of days, French distributor Le Pacte has released the first look teaser of the movie.
Brooke Shields revealed that she stripped down in solidarity with co-star Benjamin Bratt on the set of their new Netflix movie “Mother of the Bride.” On Friday’s episode of “The View,” the actress explained that she went mostly au natural to comfort her co-star Bratt whose wardrobe for one scene consisted only of a “modesty sock.”Shields, 58 relayed, “They have these things called modesty socks, which, for a woman, it’s a modesty triangle and they tape it to you, just where the camera’s going to go. For the poor guy, they don’t tape — they just have a little sheath.” Shields then used her hands to mimic the act of putting the sock on the penis.
Princ Films boards ‘Isabel’s Garden’ For Cannes Marche Du Film
Sophie, the Duchess of Edinburgh, stepped out on the first day of the Royal Windsor Horse Show in a gorgeous navy dress layered underneath an elegant tweed blazer, but for us, the real star of the show was her leather studded handbag. After some digging, we found that the tan handbag is actually the Oskan Moon leather shoulder bag from French label Isabel Marant, £655 here.The crescent-shaped handbag is made from 100% calf leather and features gold metal stud detailing around the outside.