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Country Focus: Ireland

Irish Film Board keeps going despite funding cuts


Irish Film Board keeps going despite funding cuts

- The overall budget for the Irish Film Board (IFB), the national agency for the Irish audio-visual production sector, has been cut by 5.7% bringing it to €14.03 million for 2014. This funding is broken down into the capital and administration budget for the agency. The capital budget has been announced as €11,277,000 for 2014, reduced from €11,989,000 in 2013. This represents a cut of 5.2%. The administration budget for the agency is €2.7 million, decreased from €2.9 million in 2011 - a cut of 7.5%. Since 2008 the annual budget for the agency has been cut by 39.5%.

(The article continues below - Commercial information)Cine Iberoamericano Int

In spite of the funding setbacks, the IFB has managed to keep going. In 2012, the IFB invested in 30 film and television projects which led to €118m being raised in foreign direct investment by Irish producers on IFB funded projects. Some €80m of this was invested directly into the Irish economy through the purchase of local services and employment.

Recent successful features include The Stag [+see also:
film profile
that premiered at Toronto, Last Days On Mars [+see also:
film review
film profile
, which was selected for Directors Fortnight in Cannes, and The Hardy Bucks Movie that was a local box office success.

Major international productions being produced in Ireland this year with the support of the IFB include Penny Dreadful co-produced by Octagon Films and Quirke starring Gabriel Byrne developed and produced by Element Films and Tyrone Productions.



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