Film funding in danger: star directors warn of collapse!

Film funding in danger: star directors warn of collapse!

A dramatic wake-up call from the German film industry: Facing the impending expiry of film funding from the federal budget, prominent directors such as Volker Schlöndorff, Wim Wenders and Tom Tykwer are urgently warning of the fatal consequences. According to Schlöndorff, even renowned filmmakers lack the necessary funds to realize their projects. “We could throw our hands up over our heads” if the new film funding law is not passed on Thursday, he emphasizes. The old law expires at the end of the year and without a renewal, the urgently needed film levy, which is necessary to finance German film projects, could no longer apply np-coburg reported.

The situation is getting worse: around 100,000 jobs in the film industry are at risk because German production lacks competitiveness. The directors appeal to parliament and emphasize the urgency of reform. A bill for a new film funding law is already up for vote, but the question remains whether it will be implemented in time, while other European countries are already offering attractive funding models that lure German productions away. “The most beautiful projects go abroad,” warn the filmmakers. Claudia Roth, Minister of State for Culture, plans to reform film funding and oblige streaming services to invest in domestic productions. But time is of the essence District newspaper reported.