http://blog.philipcasey.com/index.php?p=117
(from subscription only
www.ireland.com The Irish Times)
Thursday 10th of February 2005
Ireland is a Film Lot
Filed under: General— Philip Casey @ 10:06 am
“They say all the world’s a stage, but all of Ireland is a film lot,” Mr O’Donoghue told a dinner in Hollywood on Tuesday hosted by Irish Consul General Donal Denham and attended by film personalities including actor Colin Farrell.
-as reported by Conor O’Cleary, The Irish Times, February 10, 2005
It explains a great deal.
Joking aside, Mr O’Donoghue, who is the Irish Minister for Arts, Sports and Tourism stressed that
the extension of Ireland’s tax-based incentive known as Section 481 from 2005 to 2008 was vital in attracting investment for Hollywood movies in Ireland. Under this scheme, which was to be phased out last year, Irish investors can write off 80 per cent of the amount invested for tax purposes.
Mr O’Donoghue will seek to increase the incentive by raising the cap on the minimum amount raised under the scheme. “If you want a high-budget film, the size of the cap could be the breaking point.
And....
http://www.ireland.com/theticket/art...ELPANEL_A.html
Despite its critical and commercial failure in the US, Oliver Stone's much-maligned Alexander continues to score at the international box-office, where it passed the $100m milestone last weekend - already making more than three times what it took at the US box-office.
It has been particularly successful in Spain, where it registered the fourth highest opening weekend figures to date, and in Germany and France, where it has made over $9 million in each country. The film is now on target to earn at least as much as it cost - over $150 million - even before it goes on video and DVD release and before it is sold to cable and terrestrial TV channels around the world.
:D :D :D :D
