Swedish Film Industry Set for a Shake-Up with Bold New Funding Proposal

Eva Hamilton, chairperson of the Film and TV Producers, describes the film inquiry's proposal as more far-reaching than she had dared to hope: I am delighted and positively surprised by the radicalism in this inquiry, she says to TT.

» Published:

Swedish Film Industry Set for a Shake-Up with Bold New Funding Proposal
Photo: Bezav Mahmod/SvD/TT

Share this article

Above all, she is pleased that the inquiry addresses the "overriding problem".

It's not a lack of creativity, or a lack of knowledge, or a lack of good ideas, or a lack of good scripts or skilled directors, but an acute lack of money.

Eva Hamilton also welcomes the fact that the new film fund is not solely financed by the state:

Today, there is no protection against political governance after Alice Bah Kuhnke's reform to a state-controlled film policy. This will come back through this.

"Would be fantastic"

Jakob Abrahamsson, CEO of the distribution company Nonstop Entertainment, believes that the proposals – if they become a reality – have the potential to be a real "gamechanger".

The goal is to increase the funds for Swedish film by 200 million. It would be fantastic if it could be achieved, he says, wondering about the government's reactions.

What will be exciting is what the streaming platforms say, but first and foremost what both the Ministry of Culture and the Ministry of Finance say, because a VAT reduction is a reduction in revenue for the treasury.

Unclear about ticket prices

Peter Fornstam, CEO of Svenska Bio, is pleased about the proposal for reduced cinema VAT, but notes that it can still be a "zero-sum game", with the new fee of ten percent that cinema owners will have to pay to the new film fund. He asks to come back to how the proposal will affect ticket prices.

We need to look at the details and what applies to the ten percent fee. If it's intended to apply to all or if there can be certain exemptions, for example for smaller rural cinemas.

Nina Andersson, CEO of Folket hus och parker, also calls for exemptions for small cinemas.

That the streaming services should contribute to financing Swedish film is entirely right and reasonable, but the state also needs to increase its allocations, she says.

TT seeks a comment from Netflix.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Robert Redford Passes Away: Iconic Actor and Director of the 70s

Robert Redford Passes Away: Iconic Actor and Director of the 70s

At the Gates Singer Tomas Lindberg Passes Away

At the Gates Singer Tomas Lindberg Passes Away

Spain to Boycott Eurovision if Israel Participates

Spain to Boycott Eurovision if Israel Participates

Former Miss Mess Felicia Releases Debut Single Black Widow

Former Miss Mess Felicia Releases Debut Single Black Widow

New Film Explores Love on the Autism Spectrum

New Film Explores Love on the Autism Spectrum

Refused Announces Final Sweden Tour Dates This Winter

Refused Announces Final Sweden Tour Dates This Winter

Justin Bieber and Sabrina Carpenter to Headline Coachella Next Year

Justin Bieber and Sabrina Carpenter to Headline Coachella Next Year

Lars Tunbjörk's Surrealism Showcases Unique Archive Finds in Stockholm

Lars Tunbjörk's Surrealism Showcases Unique Archive Finds in Stockholm

Married at First Sight Couple's Journey to Parenthood in Special Episode

Married at First Sight Couple's Journey to Parenthood in Special Episode

Christmas Tour Announced for John Lundvik, Magnus Carlsson, and Wiktoria Johansson

Christmas Tour Announced for John Lundvik, Magnus Carlsson, and Wiktoria Johansson

Viktor Norén Releases Debut Autobiography This Autumn

Viktor Norén Releases Debut Autobiography This Autumn

Libraries Struggle as Social Services Demand Grows, DIK Report Finds

Libraries Struggle as Social Services Demand Grows, DIK Report Finds

Tinder Swindler Simon Leviev Arrested in Georgia by Interpol

Tinder Swindler Simon Leviev Arrested in Georgia by Interpol

Warship Wrecks from Swedish Greatness Era Found Near Karlskrona

Warship Wrecks from Swedish Greatness Era Found Near Karlskrona

Cardi B's New Album Features Lizzo, Selena Gomez, and More

Cardi B's New Album Features Lizzo, Selena Gomez, and More

Hov1 Sells Song Rights to Warner Music Sweden

Hov1 Sells Song Rights to Warner Music Sweden

Doobidoo Tops Swedish TV Ratings for the Week

Doobidoo Tops Swedish TV Ratings for the Week

Emmy Stars Protest Israel's Actions in Gaza at Awards Ceremony

Emmy Stars Protest Israel's Actions in Gaza at Awards Ceremony

Neil Young and The Chrome Hearts Face Lawsuit from Luxury Brand

Neil Young and The Chrome Hearts Face Lawsuit from Luxury Brand

Spain Considers Eurovision Boycott Over Israel's Participation

Spain Considers Eurovision Boycott Over Israel's Participation