RioA film friendly city.

Brazil is a growing market...

• CAGR 2008/2012

• Tickets sold: +13,7%

• Revenue: +22,5%

• Screens: +5,6%

Brazil is a growing market...

• 2012

• Tickets sold: 148,8 million

• Revenue: US$ 820 million

• Films released: 328

• Local films: 82 (25%)

Brazil is a growing market...

• 2013 (January/April)

• Tickets sold: +2,7%

• Revenue: +11,1%

• Screens: +7,4%

• Digital screens: +34,2%

• Local market share: 17,8%

With a massive soft money system...

• 2003/2012: US$ 864 million

• Tax incentives (75%)

• Government investment (25%)

• Local production

• International coproduction under agreements

With a “small” downside...

• Many different and very complicated mecanisms

• Slow and bureaucratic process

• Only 7,8% of the money through automatic support lines

• No specific line devoted to international coproductions

So...

• You really need a local partner!

Rio is the main place for business...

• 2012

• 58% of all Brazilian films released

• 94% of all tickets sold by Brazilian films

• 9 films in the Top 10 Brazilian Box Office Hits

• 50% of all international productions made in Brazil

Rio is the main place for business...

• Production companies

• Production services providers

• New and improved studios

• Crew

• Rio Film Commission

• Local government support

And Rio has...RioFilme!

• P&A and equity investment company owned by the city

• Focused in boosting the development of Rio’s audiovisual industry

• Two investment lines: reimbursable (mainly automatic) and non-reimbursable

• Fast and no bureaucratic

And Rio has...RioFilme!

• 2009/2012

• US$ 50 million investment

• 252 projects

• US$ 270 million contribution to Brazilian GDP

• 8.340 jobs

And Rio has...RioFilme!

• 2009/2012

• 32 films released

• 38 million tickets sold

• 51% domestic share

• 92,7% ROI with 51,6% of the films released

And Rio has...RioFilme!

• Films

• TV content

• Pro training

• Facilities

• Festivals

• Theaters in favelas

And Rio has...RioFilme!

• Film Finance Forum @ Latin America (August 21st, 2013)

• Tribeca Rio (2014)

• US$ 50 million studio project (2013/2016)

• US$ 25 million investment (2013)

• RioRebate (20%)

Thank you!shslf@mac.com@sergiosaleitao