Automatic distribution results announced
The European Commission has published the latest results of Distribution: Automatic scheme (Generation 2015). This funding rewards distributors for releasing European films from another country (non-national films). The more successful the films are at the box office, the bigger the grant they will receive.
Altogether, €24 million have been allocated to 243 European distributors from 30 countries.
The six UK distributors that secured grants received €410,000 in total, including a newcomer to Creative Europe: Entertainment One (€100,000). Other countries that received a similar amount of funding are Denmark (€376,000), Czech Republic (€500,000) and Hungary (€420,000).
The largest proportion of the funds went to Germany and France where, in both cases, 24 distributors received €3.74 million collectively. In Italy 12 companies were supported and received €3.3 million, while ten Spanish distributors received €2.5 million. Austria, Belgium, Poland and the Netherlands all received more than €1 million.
The funding can now be used by distributors to pay for minimum guarantees and/or the prints and advertising (P&A) costs of their new European, non-national acquisitions.
So, which distributors should have the deepest pockets next year? Here is a handy list of the top ten awardees, so you can spot them easily at the markets and festivals:
|Spain||A Contracorriente Films||589,184|
Photo: Curzon Film World supported the UK release of Turist (Force Majeure) through the Automatic scheme in 2014.
15 Dec 2015