Film Development Fund launches Film Production Financing Scheme 2.0

The Hong Kong Film Development Council (HKFDC) has enhanced its film financing scheme with increased funding and relaxed measures in a bid to further bolster the local film industry and sustain its long-term development. The Film Production Financing Scheme 2.0, which was launched on January 15, will see government support increased from $1.15m (HK$9m) to $1.28m[…..] […]

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Abu Dhabi lures film and TV productions with 50% cashback offer

The Abu Dhabi Film Commission (ADFC), part Abu Dhabi’s Creative Media Authority (CMA), has announced multi-layered enhancements for its long-established film and TV production rebate offer. The new guidelines will see international, regional and local production companies afforded up to a 50 per cent total cashback rebate, based on a clear set of criteria and[…..] […]

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UK Visual Effects Tax Relief Uplift Comes Into Effect Now

From today (1 January 2025), an increased rate of tax relief is now available for visual effects expenditure in the UK. UK Screen Alliance have long campaigned for a significant improvement in the screen sector incentives to allow the UK’s visual effects (VFX) sector to flourish and achieve its full potential for growth. VFX spending[…..] […]

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Multiple measures to properly respond to AI

At present, artificial intelligence (AI) is setting off a new wave of scientific and technological revolution, big data, big models, and big computing power are integrating with each other, reshaping innovation and industrial ecology, and promoting profound changes in many industrial fields. Many people have a tendency of technological optimism, and only see that AI[…..] […]

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The Ministry of Education encourages the inclusion of artificial intelligence education in local and school-based curricula.

Recently, the General Office of the Ministry of Education issued the “Notice on Strengthening Artificial Intelligence Education in Primary and Secondary Schools”, proposing six major tasks and measures for artificial intelligence education, including building a systematic curriculum system, implementing regular teaching and evaluation, developing universal teaching resources, creating ubiquitous teaching environments, promoting large-scale teacher supply,[…..] […]

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LAUNCH OF AN UNPRECEDENTED ALLIANCE BETWEEN EUROPEAN FILM AND AUDIOVISUAL MARKETS

In an ever-changing European context, where global players are on the rise, strengthening the European film and audiovisual ecosystem will require stronger industry platforms to ensure the continued quality and competitiveness of our European culture and works. As we look ahead to the future, the Film and Audiovisual Markets in Europe (F.A.M.E) are proud to[…..] […]

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Government-funded Houdini bootcamps to upskill VFX and animation teams

Studios can now get 60 hours of instructor-led support, with personalised curriculums and schedules, with up to 90% of costs covered. Houdini is becoming an increasingly vital tool for modern VFX and animation pipelines – and Skills Bootcamp funding is now available to make it more possible than ever to rapidly upskill existing teams. Studios can[…..] […]

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Strengthen AI education in Primary and Secondary schools

General requirements Cultivate talents: Ensure the correct direction of AI education and cultivate innovative talents. People-oriented: Build an innovative education ecology to promote the all-round development of students. Stimulate interest: Stimulate students’ enthusiasm for learning AI technology, cultivate scientific interest and scientific spirit. Overall planning: strengthen top-level design and departmental collaboration, and basically popularize AI[…..] […]

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AIGC industry development status in China

Market size and growth rate In recent years, the domestic AIGC industry, driven by the wave of science and technology, has shown a significant development trend. The development of this industry is mainly due to the continuous progress of artificial intelligence technology and the continuous expansion of applications, which makes the AIGC market scale continue[…..] […]

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UK VFX tax credit uplift will start on Jan 1st

On 30 October 2024, the Chancellor of the Exchequer confirmed an increased tax incentive for spending on visual effects (“VFX”) in the UK, which has been warmly welcomed by the UK’s VFX industry. Delivering Labour’s first Budget since coming to power in the July general election, Rachel Reeves announced that VFX spending in the UK[…..] […]

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