EFM Partners With Winston Baker, Yanibes on New Finance Forum, AfroBerlin Initiatives Amid Growing German Industry Woes (EXCLUSIVE)
06.12.2023 - 13:15
/ variety.com
Ed Meza @edmezavar Berlin’s European Film Market has unveiled a new finance forum in collaboration with conference producer Winston Baker and the inaugural edition of AfroBerlin, focusing on the African film industry, among its new initiatives in its forthcoming edition, which runs Feb. 15-21. Winston Baker’s Entertainment Finance Forum Berlin, taking place Feb.
16, “will bring an international perspective on the state of the industry when it comes to financing and funding film production,” EFM director Dennis Ruh tells Variety. Winston Baker already organizes the International Film Finance Forum in Cannes. “We are opening it up more for entertainment,” Ruh notes.
The idea for the Berlin forum, which originated at the American Film Market, enriches the EFM’s program by showcasing existing opportunities, particularly when it comes to working with private equity internationally. While the EFM offers an expansive international focus, the event is taking place amid growing pessimism in the German film and TV sector in particular. According to a recent survey published by German producers’ association Produzentenallianz, the state of the country’s film and TV industry is deteriorating dramatically, with 56% of companies rating the current economic situation as bad or very bad.
Ruh admits that the mood in Germany is “not so good” — especially for producers — due to a number of factors, including the decision by Sky to end its production activities in the country and local broadcasters commissioning less content as they struggle with higher costs. “It’s a big issue for the German production scene,” he adds. At the same time, Germany’s Federal Government Commissioner for Culture and the Media (BKM) is currently working a new
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