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Videovision Entertainment launches new division --
Tue, 22 Jul 2014 09:32
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Modestly budgeted South African-made action films will be the focus of a new division established by Videovision Entertainment in an initiative to develop young filmmakers and create a profile for them, both locally and abroad. Videovision Entertainment, headed by Anant Singh film and television production and distribution company which includes film exhibition, media, live entertainment, film studio and property development its its service offerings.
Singh commented, We believe that we have a wealth of talent in our industry, especially young filmmakers, who have great ideas for movies that will resonate with local audiences. Our proposed new production division is designed to provide a platform for these filmmakers. It is part of our strategy to unlock value in the South African film industry and develop an appreciation of South African cinema by local audiences, the ultimate goal of which is to ensure that our industry is sustainable in the long term.
The new division will consider projects that meet the following criteria:
Budgets of R10 million or less
Filmmakers must have produced a film
Have a locked script which has commercial prospects
Have a director and key talent attached
Have at least 50% of the funding secured
Projects will benefit from the expertise of the Videovision Entertainment team in the following key areas:
Funding of up to 40% of the production budget
Distribution in South Africa and in international markets
Strategic direction on the marketing and distribution of the film
Purchase and Assumption (P&A) funding based on a percentage of the production budget for the release of the film in South Africa
Visit the Videovision Entertainment website for more information.
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