09/02/05 speaker: renate roginas, executive secretary eurimages how we fund european co-productions...
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09/02/05 Speaker: Renate Roginas, Executive Secretary
EURIMAGES
How We Fund European
Co-productions
AFCI Cineposium 2005
Glasgow, August 24
09/02/05
Partial Agreement of the Council of Europe (exists since 1989)
Annual Budget: 20M € (~ 90% =>co-production support)
3 Support Programms: Co-production / Distribution / Exhibition
Currently 32 European member States:
Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Luxembourg, the Netherlands, Norway, Poland, Portugal, Romania, Serbia and Montenegro, Slovak Republic, SIovenia, Spain, Sweden, Switzerland,The former Yugoslav Republic of Macedonia, Turkey.
1.Who We Are: An Overview
Serbia-Montenegro and Bosnia and
Herzegovina joined the Fund
retroactively on 1st January 2005.
UK is not a member
of EURIMAGES since 1998
09/02/05
To promote the European film industry by fostering and encouraging creative, technical and financial cooperation between professionals of different countries
To increase the circulation of European films in Europe
To ensure compliance with the legislation of the co-producing countries in order to access different sources of financing, especially that of public funding
To decrease the co-producers own investment and their risk
To close the financing gap
Eurimages support: does not take exploitation rights. Interest free (« soft » loan, conditionally repayable with
pro rata recoupment corridor from the 1st € in 1st position).
Our Objectives
09/02/05
Films Supported
1037 European co-productions supported since 1989
877 feature films 160 documentaries for a total amount of 299 489 652 €
Grbavica Grbavica AT/DE/HR/BA
Jasmila Zbanic 150 000€
Agata e la tempestaAgata e la tempesta IT/CH/GBSilvio Soldini 450 000€
Five ObstructionsFive Obstructions DK/BE Jörgen Leth & Lars von Trier 220 000€
L’Enfer L’Enfer FR/IT/BE/JPDanis Tanovic 600 000€
Mar Adentro Mar Adentro ES/FR/IT Alejandro Amenabar 750 000€Peuple MigrateurPeuple Migrateur FR/DE J. Perrin, G. Vienne, M. Debats 609 796€
Vodka LemonVodka Lemon FR/CH/IT/ArmenieHiner Salem 234 000€
09/02/05
Statistics
Feature Films and Documentaries Supported (2000-2004)
27 5 6 53 1 2 2
9
40
4945 48
40
0
10
20
30
40
50
60
2000 2001 2002 2003 2004
Year
Nbr of Co-productions
Documentaries
Animation
Feature films
09/02/05
The Nature of Co-productions
Fiction, Animation and Documentaries: Min. 70’, Intended for cinema release
Co-production between: Min. 2 Eurimages member States
Co-production percentages: Max 80% and Min. 10%Max cumulated 30% participation from non-member State producers
Start of principal photography:Max. 6 months after the support decision
Excluded content: Pornography, promotion of violence or violation of human
rights
Key Eligibility Criteria (1)
09/02/05
European Origin
European Co-producers: Majority European shareholders required
European Director:By nationality or permanent residence (geographical Europe – COE 46 member States)
Project must be European in terms of:•Origin/culture •Financing and rights, and must originate from within an Eurimages member State•15/19 points according to the European Convention on Cinematographic Co-production
Key Eligibility Criteria (2)
09/02/05
Key Eligibility Criteria (3)
Feature films
Creative group (7pts)* Director (3)* Scriptwriter (3) * Composer (1)
Performing group(6pts)* First role (3)* Second role (2)* Third role (1)
Technical group (6pts):* Cameraman (1) * Sound recordist (1) * Editor (1) * Art Director (1) * Studio/location (1) * Post-prod. (1)
Calculation of European Elements according to the
European Convention on Cinematographic Co-production (ETS 147)19 points
Full-text cf. http://conventions.coe.int/Treaty/en/Treaties/Html/147.htm
Ratifications, explanatory report etc. http://conventions.coe.int/Treaty/Commun/ListeTraites.asp
09/02/05
Feature Films, Animation, Documentaries
Support Awarded - Amounts
Max. for all projects: 700 000€
Budgets ABOVE 1.5M€:
Max . 15 % of the total production cost
Budgets BELOW 1.5M€:
Max . 20 % of the total production cost
09/02/05
Allocation between the Co-producers
Generally proportionally between producers from EURIMAGES member States
To assist producers from countries with low cinematographic production levels, possible exceptions for disproportional allocation of support for producers from “small” EURIMAGES member States within certain limits No allocation of support to co-producers from non-EURIMAGES member States
France, Italy, Germany and Spain are considered as countries with high cinematographic production levels.
Support Awarded
09/02/05
Financial Structure
Third Party Financing: national support and/or presale/MG required in each co-production country
51 % of the financing must originate from EURIMAGES member State financiers
Deferrals (including producer’s fee, overheads) and in-kind contributions are accepted as confirmed financing up to 15 % of the total production budget during the assessment period.
Level of confirmation of announced financing:EURIMAGES provides top-financing
Min. 50% confirmed financing threshold for all co-producers, including non-Eurimages member State co-producers
Financial Requirements
Furthermore, applying
producers must have no outstanding
debt vis-à-vis EURIMAGES
09/02/05
Min. between 2 co-producers from different EURIMAGES’ member States Assessed by the EURIMAGES Secretariat on the basis of the nationality and/or residence of - the heads of departments (director, scriptwriter, composer, director of photography, sound engineer, editor, art director, costumes) and of - the main roles (first, second and third role), as well as on the studio or shooting location, post-production location and services providers.
Respects the requirements set by co-production treaties
Financial co-productions, now also possible as tripartite financial co-productions, but only on condition that national recognition can be obtained
Technical & Artistic Cooperation
09/02/05
Receipt of application by the deadline
ALL documents requested (translations!) and mailing out of elements 1-7 to all Board Members
Exchange Rates (cf. http://www.coe.int/eurimages)
Verification of eligibility criteria and analysis by the Secretariat
Application Process
09/02/05
Assessment of creative, artistic and technical aspects of the co-production (director, co-producers, shooting, locations, post-production, laboratory, European character of the project)
Co-production Aspects (agreement)
Chain of title
Circulation of the film (international sales agent, distributors, TVs)
Budget (breakdown of expenditure between the co-producers, producers’ fees, overheads, contingencies, others)
Confirmation of financing threshold (Min. 50% in each
co-production country)
If necessary: Additional inquiries by the Secretariat
Application Process – Work of the Secretariat
09/02/05
The delegate co-producer => intermediary for EURIMAGES applicationBoard of Management => composed of national representatives to be contacted in advance of submitting a project (cf. list on EURIMAGES website)
Secretariat in Strasbourg:President: Mr. Jacques TOUBONExecutive Secretary: Mrs. Renate ROGINASAdministrators: Mrs. Iris CADOUX
Mrs. Katia DOLGOVAMr. Roberto OLLAMr. Andreas ATZWANGERMs. Katarzyna OZGA
When and Where
5 Deadlines per year
1 more to come in 2005
17.10.2005 (Meeting 04.- 08.12.2005)
09/02/05
Selection Criteria
Artistic merits of the project
The experience of the director, of the producers, of the artistic (authors, casting, etc.) and technical teams
The circulation potential of the project
The commercial potential of the project
The artistic and/or technical co-operation between the co-producers
The overall level of confirmed financing for the project
! No order of priority ! !Special attention for feature films for children!
Support Decisions by the Board of Management
Co-production Working Group Detailed assessment of the projects
Rotating composition of 7 members of the EURIMAGES Boardof Management
Voting Procedure
09/02/05
Support decision valid for 6 months
Support agreement: streamlining of procedure to ensure finalisation during Principal Photography
Reimbursement pro rata recoupment corridor in 1st position
Increase of time-frame for deductions from EURIMAGES’s recoupment: all presales and/or MGs concluded before completion of the answer print may be deducted, on condition that they contribute to the full financing of the project.
After the Support Decision…
09/02/05
New Payment Structure
60%
20%
20%
Facilitates the cash-flow situation of the producers
1st Instalment => 60 % upon- Signature of the support agreement - 1st day of Principal Photography
2nd Instalment => 20 % upon- Proof of availability of the Answer print - Approval of draft credits
3rd Instalment => 20 % upon- Approval of Certified accounts- Confirmation of release in all co-production countries
09/02/05
Who can apply?* Independent distributors with head office:* in EURIMAGES member states; and not in country of origin of film (i.e. of all co-producers of the film)
Depending on origin of distributor:A. EURIMAGES member States Non-member of the MEDIA-Programme, namely, Croatia, Romania, Switzerland, FYROM, Serbia-Montenegro and Turkey Support for all eligible films
B. All Eurimages member States: Distribution of feature films from non-MEDIA member States Children's films or documentaries for cinema release
Complementary to MEDIA distribution scheme
09/02/05
•Full length feature films: Fiction, Animation, Documentaries (min. 70’)•From EURIMAGES member states:
– National production from one Eurimages member state
– If a Co-production: then more than 50% of financing by co-producers from Eurimages member states
•European director •European film (19 points of European Convention)•Excluded content:
– blatantly pornographic nature– promotion of violence – open incitation to a violation of human rights
•Synergies with co-production support
Films eligible for distribution support
09/02/05
Key Features and Requirements
Type of Support:
Grant (non-repayable )
Maximum support:
8000€
Number of Applications:
Max. 2 applications pr. distributor
Release requirements:
Min. 2 prints
No previous release in applicant country until Board Meeting & Release after Board meeting of application and no later than 2 weeks after following Board meeting (~ 2-3 months)
09/02/05
Same deadlines as co-production
Distribution Working Group selects the films
Possibilty to re-apply once, if rejected Distribution budget (max. Support 8000€ and max. 50% of total budget)
See http://www.coe.int/Eurimages/ for more info
Application Process
09/02/05
Cinemas concerned:•In EURIMAGES member states without access to the MEDIA+ Programme•Commercial cinemas (min. 6 months per year) •Min. weekly screenings: 10 . Min. number of seats: 50•Technical equipment with professional standards•Safety requirements in accordance with national legislation•No pornographic cinemasCommitment of cinemas:•Min. 33% of the European films in programme•Min. 50% of screenings are European filmsAnnual supportMax. 1st year: 21.000 €Max. thereafter: 19.000 €
Cinema Support
Objective: to increase programming of European films in EURIMAGES member States
09/02/05
38 Cinemas in the Network in 2004
Application: to be sent to Eurimages Transmitted to Europa Cinemas
(http://www.europa-cinemas.org) for technical evaluation
Deadline by 30 September for support in following year
Decision: Board of Management (working group)
based on a visit report
Cinema Support
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