The Canada Media Fund (CMF) and Film Fund Luxembourg (FFL) have inked a two-year deal to establish a C$1.8 million ($1.4 million) incentive for the co-development and co-production of audiovisual projects between Canadian and Luxembourger producers.
The combined total annual budget for the incentive will be C$900,000 ($710,000) with each party contributing half, representing a C$1.8 million investment over two years. The news coincides with CMF’s participation in the Luxembourg City Film Festival.
“For over 20 years, we’ve seen content produced between Canadian and Luxembourger creators hit international markets with great commercial success and critical acclaim,” said Valerie Creighton, the president and CEO of CMF. “A recent example of this is The Breadwinner, an Oscar-nominated, mesmerizing and deeply touching animated feature film that tells the story of a girl in Taliban-controlled Afghanistan. Through this incentive, we hope to further develop strong partnerships between producers in both countries, enabling them to continue creating superior content that resonates with audiences around the world.”
“By supporting for over 20 years audiovisual production with Canada, we have seen quality films emerge between Canadian and Luxembourger partners involved in international co-productions,” said Guy Daleiden, the managing director of Film Fund Luxembourg. “We wish to further strengthen our good relations in the audiovisual field. This new agreement will help to diversify these partnerships, especially in terms of new content such as virtual or augmented reality. We will create new opportunities to share our resources and talents so that international collaboration benefits the creative community in each country.”