Anant Singh, Chief
Executive of Videovision Entertainment announced at the 2014 Durban FilmMart
Closing Night Awards Dinner, the establishment of a new division that will
focus on modestly budgeted action films made in South Africa by local
filmmakers. The new division has been formed to nurture young filmmakers and
create a profile for them, both locally and abroad.
The new division
will consider projects that meet the following criteria:
Budgets of R10
million or less
Filmmakers must
have produced a film
Has a locked script
which has commercial prospects
Has a director and
key talent attached
Has at least 50% of
the funding secured
Projects will
benefit from the expertise of the Videovision Entertainment team in the
following key areas:
Funding of up to
40% of the production budget
Distribution in
South Africa and in international markets
Provide strategic
direction on the marketing and distribution of the film
P&A Funding
based on a percentage of the production budget for the release of the film in
South Africa
Anant Singh said,
“We believe that we have a wealth of talent in our industry, especially young
filmmakers, who have great ideas for movies that will resonate with local
audiences. Our proposed new production division is designed to provide a
platform for these filmmakers. It is part of our strategy to unlock value in
the South African film industry and develop an appreciation of South African
cinema by local audiences, the ultimate goal of which is to ensure that our
industry is sustainable in the long term.”
For further
information contact Nilesh Singh on 031 204 6050 or email: Nilesh@videovision.co.za
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