Manitoba Film & Sound Receives $1 Million Funding Increase

Posted on

In an announcement by Eric Robinson, Minister of Culture, Heritage and Tourism, MANITOBA FILM & SOUND will receive an extra $1 million dollars in funding, the first increase to the Agency’s base budget in over a decade.

“We’re just ecstatic,” said Carole Vivier, CEO of MANITOBA FILM & SOUND. “This increase is long-awaited and fantastic news for the Agency, as well as the film and sound recording industries. There is an enormous demand on our funds and the increase will allow us to further invest in both the film and sound recording sectors. With this announcement the Government of Manitoba has demonstrated their belief that the cultural industries are viable and significant to the economic and cultural growth of Manitoba, and for that we are very thankful.”

In fiscal year 2002/2003, film production activity funded by MANITOBA FILM & SOUND reached an unprecedented $82 million consisting of 39 projects funded either through equity investment and/or the Manitoba Film and Video Tax Credit. Furthermore, 39 projects were funded through the Demo and/or Sound Recording Production Fund leveraging $415,300 in sound recording activity.

MANITOBA FILM & SOUND participates in the on-going development of Manitoba’s Motion Pictures, Music and Interactive Digital Media industries by way of equity investments, loans, recoupable advances and financial contributions in the areas of development, production and marketing. As well, MANITOBA FILM & SOUND administers the 35% Manitoba Film and Video Production Tax Credit.

This announcement is particularly significant to Manitoba’s sound recording industry and those artists and service professionals who work in it. The support of MANITOBA FILM & SOUND is an integral part of Manitoba’s thriving music industry, serving the independent sector of the sound recording industry and helping it to develop even further on the local, national and international scene.

For more information on MANITOBA FILM & SOUND, please visit www.mbfilmsound.mb.ca.

Read more news