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INDUSTRY Ireland

Irish industry in robust health

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Irish industry in robust health

The Audiovisual Federation’s annual review of Ireland’s film and television sector reports that despite the recession, there were 257 productions in 2009, valued at €243.3m, a slight decrease from 2008’s €246.8m.

However, projections for 2010 are heartening, with production value estimates significantly higher at €367m. The feature film and independent TV (including major TV drama) sectors are performing particularly well this year, with their respective production values increasing from €58.6m and €127.1m in 2009 to an estimated €101m and €206m.

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Audiovisual Federation director Tommy McCabe said, “The non-Irish funding for the sector in 2009 was €127.7m, which exceeded indigenous funding and showed that Ireland is performing well in attracting outside investment. This trend is reflected in the 2010 estimates.

“Furthermore, the estimated Irish expenditure of €225m for 2010 is a record amount for the sector. Given the current economic climate, the sector continues to perform well. It attracts significant international funding, creating employment and adding value to the Irish economy.”

Animation is in good health, with its production value increasing from €38.9m in 2008 to €57.6m in 2009.

Kevin Moriarty, MD of Ardmore Studios and Chairman of the Audiovisual Federation Database Committee, which produced the report, said, “The Government continues to provide significant support and endorsement for both the Irish Film Board [IFB] and the Irish audiovisual sector by ensuring that the capital budget for the IFB in 2011 will be €16m, only a small decrease of €0.5m from 2010.”

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