Boosting Icelandic film industry Skip to content

Boosting Icelandic film industry

The government has decided to double its support to the Icelandic film industry to an annual stipend of ISK 700 million (EUR 8 million, USD 10 million).

Minister of Culture and Education Thorgerdur Katrín Gunnarsdóttir and Minister of Finance Árni M. Mathiesen and representatives from the Union of Icelandic Filmmakers signed a contract yesterday, granting the Icelandic film industry this increased financial support, as reported in the main print media.

The contract includes that the current funding of 372 million (EUR 4 million, USD 5 million), will increase to 700 million (EUR 8 million, USD 10 million) by 2010.

It was also agreed that from now on at least four full-length acted movies will be produced in Iceland every year with special emphasis on movies for families.

A continued support for documentaries and short films is also planned, as well as increased financial support for the production of Icelandic TV programs.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter

Recommended Posts