The Netherlands Film Production Incentive contributes to € 375 million in production spend

The Netherlands Film Production Incentive contributes to € 375 million in production spend

The Netherlands Film Production Incentive contributes to an increase in investments into the Dutch film industry. This is one of the conclusions drawn in the annual Review* (Monitor) of the Netherlands Film Production Incentive measuring the period July 2014 - December 2018.

During this period, financial contributions totalling €82.9 million were made to 318 productions, as a result of which more than €374.9 million was spent in the Dutch film industry. This means that each euro granted, on average generated €4.52 in production spend in the Netherlands. 192 of the 318 productions were made as international co-productions, which account for €216.5 million of the total spending in the Netherlands (57.7%).

Film
Between July 2014 and December 2018 a total of 296 film projects received €70.0 million in the form of cash rebates under the Netherlands Film Production Incentive. As a result of the scheme there has been €320.7 million of production spend in the Netherlands through the film productions, €236.7 million of which is directly related to the scheme. Applicant producers on average spend €4.58 on production in the Netherlands for each euro granted. Significantly more is spent in the Dutch film industry following the introduction of the scheme, since more than 61% (in numbers) of the projects paid have a (highly) international setup and without the scheme it is not expected that the producers concerned would have produced in the Netherlands to this extent.

High-end tv series
A total of 22 productions received a financial contribution of €12.9 million. As a result of the scheme there has been €54.3 million of production spend in the Netherlands, €43.3 million of which is directly related to the incentive scheme. For each euro granted applicant producers on average spend €4.22 on production in the Netherlands. More than half of all the TV series (12 productions) have come about as international co-productions with countries including Belgium, Germany, the United Kingdom, South Africa, Norway and the United States.

Films supported by the Production Incentive
Films that have been supported by the Incentive include John Crowley’s The Goldfinch, an adaptation of the novel by Donna Tart, as well as Lyrebird by Dan Friedman. Others include Dunkirk by Christopher Nolan, Brimstone by Martin Koolhoven, Cobain by Nanouk Leopold and the documentary The Long Season by Leonard Retel Helmrich. Recently, cash rebates were granted to No. 10, the latest feature film by Alex van Warmerdam and Sea of Time by Theu Boermans. International co-production The Alcohol Project by Thomas Vinterberg and the second season of Undone, the international animated series by Dutch director Hisko Hulsing are also backed.

Deadlines
The next application deadline for Netherlands Film Production Incentive is 7 May 2019.

In addition to this review, analysts from Olsberg SPI have conducted research into the wider effects of the Incentive between 2014 and 2017. Read the Evaluation of the Film Production Incentive Scheme in the Netherlands by Olsberg SPI.
 
Read the Monitor
REVIEW OF THE ECONOMIC IMPACT OF THE NETHERLANDS FILM PRODUCTION INCENTIVE 2014-2018 here, click here for the infographic. 

The Monitor review was conducted by researchers from Het Creatief Kapitaal.