Ventana Sur: Italy’s Roma Lazio Fund To Be Unveiled For Latin American Producers
Italy’s Roma Lazio Film Commission will unveil its new Euros 10 million ($11.3 million) co-production fund for film and TV during the Ventana Sur mart in a move that aims to foster even closer ties between the film and TV industries in Italy and Latin America.
While relatively modest, the Lazio Cinema International Fund marks the biggest single injection of regional soft money in Italy and is designed to work nicely for international producers in tandem with the country’s competitive tax breaks. It is also expected to more than quadruple its pot going forward.
Roma Lazio Film Commission topper Luciano Sovena (pictured) has made the trek to Buenos Aires to tubthump the fund, which was first announced in October during the Mia mart in Rome.
It allocates Euros 5 million for feature films with the other half going for TV productions. Documentaries are included, and also animation productions, though toons must be more than forty minutes long.
Italy and Argentina already have a film and TV co-prod development fund in place as of 2012 as well as a co-prod treaty inked in 2007.
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