Film industry's future 'hinges on tax breaks'
Published 08/11/2010 | 05:00
THE future of Ireland's multi-million euro film industry hinges on the maintenance of tax breaks to attract major international movies for Irish location shoots, claim industry chiefs.
The 55th Corona Cork Film Festival opened last night with domestic film executives highlighting the importance of supporting strategic financial incentives for the industry.
They insisted tax breaks and other financial incentives were vital to attract films for location shoots in Ireland.
Fears are now mounting that such incentives -- along with many other tax breaks -- will be axed in the Budget next month.
Meanwhile, one of the most famous films ever shot in Ireland -- 'The Quiet Man' -- will take centrestage at the Cork festival along with a screening of 'Dreaming The Quiet Man', a documentary by Se Merry Doyle about the shooting of the John Ford epic in Galway and Mayo in 1952.
Maureen O'Hara (90) will be the guest of honour for the gala screening of the documentary on Friday.
Cork Film Festival director Mick Hannigan said the attendance of O'Hara was "a great honour" for the event.
While the current economic climate had impacted on most Irish festivals, the Cork Film Festival was fortunate to have such a committed sponsor, he said.
The festival runs until November 14.
Tickets are available from www.corkfilmfest.org and from the Festival Box Office in the foyer of Cork Opera House (021) 4271160.