Despite the cuts to federal tax incentives in recent years, Brazil remains a good source of production mechanisms. “The major platforms led by Netflix, Disney Plus, Amazon Prime Video have production service agreements with Brazilian production companies to take advantage of these funding possibilities,” says FestCampos Talks producer-curator Fernanda Martins.
Jose Mauricio Fittipaldi, a partner at law firm Cqsfv, adds: “It is true that investment has been severely cut in the last couple of years, but the causes are a bit more complex than just [President Jair] Bolsonaro. The amounts invested have already risen this year.” “
Currently, Ancine – the federal agency that regulates the sector – is slowly launching public programs to support the sector after years with frozen funds and no action taken to approve projects,” Martins asserts.
“Since 2021, the city of São Paulo has offered content producers a cash rebate of up to 30 of the amounts invested in audiovisual shoots in the city,...
Jose Mauricio Fittipaldi, a partner at law firm Cqsfv, adds: “It is true that investment has been severely cut in the last couple of years, but the causes are a bit more complex than just [President Jair] Bolsonaro. The amounts invested have already risen this year.” “
Currently, Ancine – the federal agency that regulates the sector – is slowly launching public programs to support the sector after years with frozen funds and no action taken to approve projects,” Martins asserts.
“Since 2021, the city of São Paulo has offered content producers a cash rebate of up to 30 of the amounts invested in audiovisual shoots in the city,...
- 5/21/2022
- by Anna Marie de la Fuente
- Variety Film + TV
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