The Department of Trade and Industry (the dti) will lead a group of filmmakers to Los Angeles in the United States of America (USA) to attend the popular American Film Market from 30 October – 7 November 2018.
According to the dti, the delegation will comprise emerging black production and service companies currently active across different aspects of South Africa’s film value chain such as animation, content developers, distribution and production management. The companies have credible experience in the local industry and marketable projects to be showcased to prospective investors at the market. The delegation will undertake site visits to identified international studios and make presentations on investment projects for acquisition, distribution and film servicing opportunities.
The dti announced that during the 2017/18 financial year 99 productions had been approved under the department’s incentive schemes, with a projected investment of almost R2.9 billion. The dti believes that more than 9 000 jobs will be created through this support.