Chapter 6 Subsidies

Subsidies, too, can be seen as both friend and foe. As noted in the Introduction, subsidies put a phantom audience where a real audience should be. In June 1994, 65% of all 333 European film projects in development or production had subsidy money and 51% had money from television (Table 6.1).

Table 6.1 TV and subsidy investment in European film production, 1992-1994

NOVEMBER 1992 DECEMBER 1993 JUNE 1994
Films in production 603 646 510
    with subsidies (%) 380 (63%) 386 (60%) 333 (65%)
    with TV investment (%) 302 (50%) 307 (48%) 259 (51%)

(Source: European Film File.)

In some countries, television investment and subsidy amount to the same thing. For example, in France and Italy, broadcasters are obliged ...

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