New Zealand adjusts its 40% grant for local films

By 3 July 2008

The initiative was announced in May and, since then, the government has also revised how much can be paid out via the offset: it will be $52.1m (NZ$68.5m) over five years, made up of new money and existing New Zealand Film Commission (NZFC) funding. While $7.6m (NZ$10m) can be co-investment ...

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