Vienna-based fine wood plank pictures specialize in European co-production, pioneering an innovative initiative to foster international cooperation by leveraging Austrian film funding incentives.
Pont Pictures head Philipp Mair Vargas released a model that utilizes 60% of the joint production incentives provided by the Austrian Film Academy's Öfi's ÖfiPlus subsidy program to help filmmakers overcome what he described as independent film production One of the most important challenges: shutting down their financing. gap.
Mair Vargas promises that even in the country there is no actual shooting day, the national incentive plan can cover 60% of Austrian spending, by strategically allocating and relocating production costs. Instead, filmmakers can outsource post-production to Austrian crew members who work elsewhere, Mair Vargas noted.
“For example, if a project is short of €250,000, we allocated the total expenditure of Austria of 416,000. Our co-production incentives cover 60% of that, only €166,000 will need to be allocated to Austria. This allows us to narrow down 25 The gap is 10,000 euros, and the additional burden of production is small.”
He added that the Pont Pictures model is non-removable and cash-flowing, without the need for producers to borrow funds to violate grants or payment fees, making it more attractive.
To receive gap financing between awards and Ponte Pictures, the project must meet Austrian cultural requirements, including:
• A story that took place in the EU, considered by the Austrian Film Academy as a cultural territory;
•There is at least one protagonist with European roots or European backgrounds.
Pont Pictures recently starred in Glenn McQuaid's thriller The Grayson Manor with Alice Colfer and Alice Krige The financing model has been recently used in the thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuaid thriller Glenn McQuai Pont Pictures brought the project to Austria, using the country's 60% co-production incentives to close its financing gap. The collaboration allows the film to complete funding and shooting last summer.
“It’s great to be happy to be working with Pont Pictures and Horse & Fruits in our queer movies, ‘The Repair of Grayson Manor’,” Brendan McCarthy played The Wonderful Movie. “Öfi’s minority co-production funding perfectly complements our partners – Screen Ireland, Coimisiún NaMeán, RTE TV and world sales agent Bankside Films – and opens the door to the incredible film talent in Austria.”
Mair Vargas added: "This testing drive affirms the viability of our model and its potential to support various European filmmakers. Our mission is to remove financial barriers while promoting Cross-border creative cooperation.”
Pont Pictures is currently working on two co-productions with international partners, scheduled to shoot later this year: "Fractal", a time-loop thriller about the toxic relationship that led to the murder and "Amygdalla", which is described For elevated horror pictures this is full of realism.
The shingle of London, co-produced with Mark O'Sullivan, will be displayed on EFM, "Fractal" will be shot in Austria in Austria-UK co-production, and Post written for the UK, by Faisal Hashmi, directed by Faisal Hashmi. So far, production has played two of its three main roles with Eidin Jalali and Gabriela Garcia Vargas. The film partnership has gained rights to PICs in the UK and Australia.
Mair Vargas also works with Leeona Duff of Ireland on Blue Bridge Products. On the "Amygdala". The 1.8 million euro Austria-Ireland co-produced by Adriana Mrnjavac and Nicole Stigler is set in Ireland but will shoot in Vienna.
Mair Vargas, who held a panel discussion on Austria's incentive program on February 13 at Soho House in Berlin, said his goal is to support "low budget, high returns projects with a focus on creative integrity Sex and audience impact”.
He added that by leveraging Austria’s incentive program in innovative ways, Pont Pictures can support filmmakers to complete projects and promote European cinemas on the global stage.