German Film Industry Faces Crossroads as Film Funding Law Nears Vote
The Bundestag is set to decide on a revised Filmförderungsgesetz, critical for the survival of Germany's struggling film sector.
- The Bundestag will vote on Thursday on the renewal of the Filmförderungsgesetz, which expires at the end of 2024, threatening key funding mechanisms for German films.
- The proposed law aims to address declining revenues from traditional sources like cinemas and broadcasters by introducing reforms, including increased public funding and potential tax incentives.
- Regisseur Volker Schlöndorff and other industry leaders warn that without the law, many filmmakers and production companies could face financial collapse or move projects abroad.
- Germany's film industry is struggling to compete with other European nations like France and the Czech Republic, which offer substantial tax breaks and incentives for productions.
- The Kulturausschuss has approved the draft, and a parliamentary majority appears likely, but broader reforms, such as requiring streaming platforms to reinvest in Germany, remain uncertain.