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UK, South Africa sign TV co-production treaty

UK, South Africa sign TV co-production treaty

The agreement, which builds on an existing film pact, strives to "encourage the sharing of knowledge and ideas and drive economic growth through television co-production."

According to The Hollywood Repoter the UK and South Africa have signed a television co-production agreement designed to "strengthen ties within the broadcast industries, encourage the sharing of knowledge and ideas and drive economic growth through television co-production."

The pact builds on an existing film co-production treaty between the countries and was negotiated by Britain's Department for Culture, Media and Sport, the British Film Institute and South Africa's Department for Arts and Culture.

Television co-productions that qualify under the terms of the treaty will be able to access the benefits of homegrown productions in each nation. In South Africa, these include a higher-rate production rebate. In the UK, co-productions will be able to access Britain's High-End Television Tax Relief, the Animation Television Tax Relief or the Children’s Television Tax Relief.

British-South African features that have qualified under the film co-production treaty include The Salvation, starring Mads Mikkelsen and Eva Green; Africa United; Tiger House; and Dredd 3D, starring Karl Urban and Olivia Thirlby.

“British television production is a tremendous success story, but we need to make sure the UK remains well placed to take advantage of the opportunities that come through international collaboration," said UK culture minister Ed Vaizey. "This new agreement enhances our already strong relationship with South Africa and will help television production companies in both countries realize the benefits that come with co-production.”

It is the latest co-production treaty for South Africa, most initially focused on films. Its first was with Canada, signed in 1997, followed by Germany, Italy, the UK and France, as well as fellow Southern Hemisphere countries Australia and New Zealand.

South Africa has touted its skilled crews, studio facilities in Cape Town, locations and affordability as key features attracting foreign productions.


Source 

The Hollywood Reporter

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