Chapter 843 Bulgaria (for the leader infinityykz2)
Although Germany is no longer the only country in which Relativity Entertainment operates tax refunds, its policy advantages far exceed those of the United Kingdom, Canada and Australia. Ronan also attaches great importance to it. He stayed in Germany for a few days and met with senior officials in the German film industry, including Constantine Pictures.
Some lawmakers want to abolish the German movie tax refund policy, which undoubtedly touched the cake of this group of people.
In fact, it is not just them, it also involves attracting investment and financial operations, which can be said to have a single impact on the whole body.
In some ways, this also has a positive effect on the German economy.
Otherwise, almost the whole world once knew that Germany's movie tax refund policy had reasonable and legal loopholes that could be exploited, but the German government was indifferent.
Ronan has met these people and has roughly gotten an understanding. Based on his past memories, it is expected that this policy will continue in Germany.
However, Relativity Entertainment cannot concentrate tax refunds in Germany. With the increasing number of film projects initiated and produced by Shahai Entertainment every year, the quota they have won in Germany is far from meeting the needs of Relativity Entertainment.
Hollywood's biggest advantage is undoubtedly internationalization in addition to industrial assembly.
Relativity Entertainment is also constantly taking the international route, and the shooting and production of many film projects far exceeds the limitations of the United States. Mexico, Canada, the United Kingdom, Australia, etc. can all become the shooting locations for film projects, and at the same time, use local policies to operate tax refunds.
Tax refunds vary in different countries, but overall, Canada, which is close to the United States, is very attractive.
As a tax refund project that is not a long-standing tax refund project, the movie tax refund itself was still an optional fraction of the cost of film production at that time around the late 1980s.
However, as other countries except the United States, mainly Canada and the United Kingdom, gradually increase tax refund subsidies for film production. In order to reduce costs, more and more American companies choose to shoot and produce movies and TV overseas.
With Hollywood now, more than half or even two-thirds of the funds in the production budget of a film will be solved through international financing, pre-sales and tax refunds.
For films like Shahai Entertainment, the production costs are basically all from financing from the Pacific Film Foundation.
The crew uses tax refunds as part of the company's revenue, rather than calculating the video cost after deducting the tax refund.
This benefit is that it can increase the cost of the video.
For film companies, no matter how much the film actually costs, the higher the legal cost of the film, the better.
Under the Hollywood system, members of unions have industry-mandated income sharing, which must be paid.
For example, screenwriters, after the Hollywood screenwriters strike in 1988, the screenwriters union and the producers alliance signed a new 20-year agreement, which involved the producers' share of the videotape revenue that the producers had to pay the screenwriters a certain proportion of the videotape income.
Although the proportion is very low, the number of income involved is still very considerable if calculated in units of billions.
In addition to traditional regions including Germany, Relativity Entertainment is also actively developing new tax refund markets. For example, Shahai Entertainment has a vice president of Puerto Rican ancestry who has returned to Puerto Rico several times, emphasizing the economic stimulus effect of filming in the upper class.
Years of lobbying, coupled with strong support from Relativity Entertainment, Puerto Rico this month issued a new policy aimed at attracting global film and television projects.
If a filming project can be filmed in Puerto Rico, tax refunds and subsidies will be received after the project is completed. The amount depends on the crew's shooting scenes in Podorig, up to 40% of the cost!
This amount is very considerable. Relatively speaking, many projects that can be filmed in Puerto Rico were immediately issued related applications.
However, because of the great surprise of the customs and culture, even if Puerto Rico has advantages in policies, it is impossible for it to become the main overseas shooting base in Hollywood.
In contrast, a large area from Germany to the east, that is, Eastern European countries in the traditional sense, can better meet the requirements of Hollywood shooting.
For example, Shahai Entertainment established contact with the Bulgarian government through Uvi Ball's "Bloods Ryan".
With Uvi Ball as an intermediary, Ronan also took time to visit Bulgaria to inspect the relevant policies and supporting situations.
The Bulgarian government attached great importance to Ronan's arrival. The Prime Minister met him specifically, made many promises, and accompanied him to visit a film and television production base on the outskirts of Sofia.
Uvi Ball told Ronan before that Bulgaria is a good choice for shooting areas, with tax advantages, strong support from the government, low labor prices, supporting facilities, and guaranteed personnel quality.
Especially the landform is rich, with beaches, forests, and plains, both European, British, and Soviet ancient buildings, as well as modern buildings.
Ronan came to Bulgaria in person and also recognized Uvi Ball's statement.
Especially after visiting many ancient buildings similar to castles, Ronan had an idea, which seemed to be very suitable for shooting "Game of Thrones" in a real-life way.
In some places, there is basically no need to set up a picture, just take real scenes.
However, with the local policy, the local entertainment needs appropriate response personnel.
This requires ensuring that the producer or executive producer of Shahai Entertainment has sufficient qualities.
Ronan specifically called George Clint and Jessica Felton, asking for relevant professional qualities training.
Relativity Entertainment's film and television production projects will become more international in the future.
The crew producers are in charge of the overall situation, but the producer or executive producer needs to know the complex tax refund and funding policies of various countries and be familiar with the English and professional level of local practitioners in order to make the most cost-effective choices for different projects.
For example, if there are a lot of indoor shooting, a lot of special effects, and Hollywood blockbusters starring well-known British actors, the UK is a good choice.
If the film has a large number of ancient or modern European exteriors, requires a large number of landscapes, props production, and requires a large number of relevant staff, then it is not cost-effective to choose the UK because the staff cost is too high, and Bulgaria is a good choice at this time.
Although he only stayed in Bulgaria for two days, Ronan received a state-owned guest treatment. The Bulgarian government obviously regarded him as a god of wealth.
Moreover, the two sides have cooperated once, and the Bulgarian government naturally has certain expectations for continuing cooperation.
Before leaving Bulgaria, Ronan signed an agreement of intent with the Bulgarian government.
The Bulgarian government has promised to provide the greatest preferential policies for the film and television projects of Relativity Entertainment. Relativity Entertainment guarantees that no less than eight film and television dramas will be filmed in Bulgaria in the next ten years, and at least two top Hollywood production projects will be available.
For example, if the sequel to Uvi Ball's "Bloods" filming "Ryan" is definitely Bulgaria.
"The Vampire Ryan" directed by Uvi Ball is about to be released. Since early August, the German director has used Netflix sharing as a platform and has been constantly doing self-marketing under the guidance of Embassy Film Professionals, which has attracted a lot of attention from people.
Having said that, Uvi Ball can be regarded as a star-level star. When he punched the film critic, he won not only the titles of "public enemy of the film critic" and "brother of the film critic", but also his great fame.
In the traditional media description, Uvi Ball is naturally a villain and a super bad director.
But on the Internet, there are many people who support Uvi Ball.
Times have changed, and movie audiences have also changed. It is no longer a strange thing for bad movie directors to attract a bunch of fans.
In a few years, similar situations will become more and more common.
Even many directors won the same applause from fans no matter how bad the film is.
These situations are slowly emerging in Uvi Ball.
Ronan returned to Germany again, Berlin, and many film companies and financial institutions have formed formal interests consortiums to deal with possible industry crises.
However, Ronan does not need to be involved.
After all, he is an outsider after all, and he has more commercial cooperation with the German film industry.
Even if the German government really cancels tax rebate discounts, there are other markets that can operate on Relativity Entertainment.
Bulgaria is also a pretty good alternative.
On Ronan's last day in Berlin, Tony Koch and Hertha Berlin's shareholders formally reached an agreement to fully acquire Hertha Berlin.
This Berlin Bundesliga team will gradually change toward the player's black store as planned.
Tony Koch had already made sufficient preparations, such as what he said was that Eastern European players came to Germany to play football.
He showed Ronan a list of candidates for winter transfers, most of whom are players around the age of 20 or even younger.
Ronan also saw a very familiar name. He was elected as a Bosnian Premier League footballer at the age of 18. He is currently playing in Dinamo Zagreb, Croatia. Luca Modric, who has just turned 20 years old.
The information appendix to the list contains photos of the players. Ronan looked at the young face and did not recognize the wrong person.
Of course, Modric is too young now. If Tony Koch can come to Hertha Berlin, it will be equivalent to entering Manchester United's sight.
If Tony Koch had no choice, then let Manchester United buy people and rent them out to level up again.
Although Giggs' transformation was very successful, he was old after all.
Scholes is no longer young, and has suffered frequent injuries in the past two years.
This can be considered as finding a replacement for the two in advance.
After Tony Koch acquired Hertha Berlin, Ronan did not stay in Germany or Europe anymore, but returned to North America directly, and stayed in New York for a day.
Chapter completed!