Financial incentives
Hollywood relies on Salzburg’s film funding
The international film industry is reorienting itself and Austria is getting in on the act. Financial benefits are attracting more and more productions to us and giving Austria a clear competitive advantage.
Shocking news recently shook the international film industry: the legendary German film studio Babelsberg had to pledge all its real estate for loans after a huge year of losses. Whether these will be enough to save the venerable halls (Marlene Dietrich, Steven Spielberg and Quentin Tarantino have all filmed there) is questionable.
Our domestic film industry bears some of the blame for these circumstances. Austria and Salzburg in particular have been luring more and more Hollywood productions with attractive funding models for years.
"Salzburg now has a very good reputation among international filmmakers, not least because we financially support commercial TV and cinema productions," says Deputy Governor Stefan Schnöll about the competitive advantage.
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