The Croatian film and TV sector is expected to get a financial boost of more than 5 million Hrk from international streaming platforms through the Croatian Electronic Media Act, which came into effect in October 2021, the Croatian Audiovisual Center (Havc) has told Film New Europe.
Netflix is expected to participate with 3 million Hrk and other contributors will include HBO Max, Disney+ and Amazon Prime.
According to the new law, streamers will have to invest 2 of their revenues generated in Croatia in local production or acquisition. Network operators will invest 10 of the revenue generated by their own services. Private broadcasters will set aside 5 percent of their annual revenue for independent productions in Croatia.
“With our new law, we have introduced a series of interlinked measures to promote independent production in Croatia. The law is not prescriptive as to how the new funds will be invested. Sure there was resistance as the law was taking shape,...
Netflix is expected to participate with 3 million Hrk and other contributors will include HBO Max, Disney+ and Amazon Prime.
According to the new law, streamers will have to invest 2 of their revenues generated in Croatia in local production or acquisition. Network operators will invest 10 of the revenue generated by their own services. Private broadcasters will set aside 5 percent of their annual revenue for independent productions in Croatia.
“With our new law, we have introduced a series of interlinked measures to promote independent production in Croatia. The law is not prescriptive as to how the new funds will be invested. Sure there was resistance as the law was taking shape,...
- 6/13/2022
- by Milena Zajović
- Variety Film + TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.