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German Industry Gets Early Xmas Present as New Film Subsidy Law Comes in Under the Wire

The Hollywood Reporter
Story by Scott Roxborough
from The Hollywood Reporter
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German parliament approves new film subsidy law, saving the country's movie industry from potential collapse in the nick of time.
beat sheet
  • The new law, expected to be approved by the German Senate today, will go into effect on January 1, 2025, just as the previous law expires, preventing a potential industry shutdown that could have affected 120,000 jobs.
  • While the final version of the law was watered down from the original proposal, cutting a clause that would have required diversity and inclusion standards, it still includes measures to streamline the funding process and boost the German industry's global competitiveness.
call sheet
Tim Fehlbaum, Mohammad Rassalouf, Claudia Roth, Michael Sacher, Björn Böhning, Christoph Schmitz-Dethlefsen, German parliament, German film industry, Production Alliance, Ver.di, September 5, The Seed of the Sacred Fig
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