Business Daily Lights, camera, Budapest
Feb 28, 2025
Discover how Hungary transformed into a top film destination after its Soviet era. The country's generous tax incentives attract major filmmakers, drawing productions like 'Dune 2' and 'Poor Things'. The evolution of local studios showcases Hungary's creative potential and adaptability. With Budapest emerging as a vital hub, the podcast highlights the balance between opportunities and challenges, especially post-pandemic. Get insights into the local industry dynamics and what it takes to navigate this booming film landscape.
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Hungary's Film Industry Growth
- Hungary's 2004 Motion Picture Act, containing a tax rebate scheme, transformed its film industry.
- The industry grew from $10 million to $900 million in 20 years.
Early Studio Conditions in Hungary
- Production designer Gemma Jackson recounts her early experiences in Hungary in 2007.
- Studios were basic then but are now "super duper," highlighting infrastructure development.
Choosing Filming Locations
- Producer Bobby Cohen advises on leveraging financial incentives and infrastructure when choosing filming locations.
- Hungary offers a competitive 30% rebate, including above-the-line costs, and has good studios and crew.
