Five Takeaways From Karlovy Vary With Industry Head Hugo Rosak

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Karlovy Vary Film Festival industry head Hugo Rosak has worked hard in recent years to beef up Eastern Promises, the event’s industry program. A packed slate of pitches, panels and industry m…

1. Czech producers ring the alarm over rebates.

The Czech industry raked in $218 million from incoming productions last year — a 56% year-on-year increase. But those gains could be tenuous unless the government gives the country’s 20% cash rebate a boost to keep pace in a competitive region, industry groups warned this week in Karlovy Vary. “Now, I think production companies are really experiencing a good period. But unless the incentives grow, the production could move elsewhere,” says Rosak.

Source: News Formal (newsformal.com)

 

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