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AER Summer School 2012 Ponta Delgada, Azores – August 20-25, 2012

AER Summer School 2012 Ponta Delgada, Azores – August 20-25, 2012. 10 years of cinema in Wallonia Assessment of the Wallimage economic fund 2011 - 2011. Emergence of talent in the’90s May 1999 : Golden Palm for « Rosetta ». January 2000 : creation of Wallimage Ltd.

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AER Summer School 2012 Ponta Delgada, Azores – August 20-25, 2012

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  1. AER Summer School 2012Ponta Delgada, Azores – August 20-25, 2012 10 years of cinema in Wallonia Assessment of the Wallimage economic fund 2011 - 2011

  2. Emergence of talent in the’90s • May 1999 : Golden Palm for « Rosetta » • January 2000 : creation of Wallimage Ltd. • January 2001 : opening of the offices in Mons The start

  3. The structure

  4. «generate a structuringeffect on the upcomingaudiovisualindustry in the WalloonRegion» • Politicalwill to condition a market • Support for worksdepending on regionalexpenses • Support for audiovisual service companiesestablished in the region The strategy

  5. The resources

  6. Reinforcement from Brussels!

  7. Allies

  8. The Wallimage films Wallimage Coproductions : Supported 136 productions in 10 years !

  9. To encourageco-productions in Walloniaorbringthemhere, we invest, on average, €250,000 per project. • Part is a loan, part is co-production • Rule: • Producer’sregionalexpenses = 100 % in AV ! • Under these conditions, hereceives: • 60 % as equity • 40 % as loan • Regional stimulus: • Each time the production exceeds the regionalexpenditure by 5 % • The loanshareisreduced by 1 % The mechanism

  10. LE COUPERET by Costa Gavras • French – Spanish production • Les Films du Fleuve joins the co-production • Total estimated budget:€5,000,000 • Wallimageinvestment: €330,000 • Regionalaudiovisualexpenses: €1,020,445 An example

  11. RIEN A DECLARER by Dany Boon • Preliminaryworkwith Pathé France • French – Belgian production • Total estimated budget :€22.000,000 • Wallimageinvestment : €400,000 • Regionalaudiovisualexpenses: €1,773,361 (443 %) Another example (2011)

  12. 70 Belgian films

  13. 65 int’l co-productions

  14. Animation cinema

  15. Between February 2001 and February 2011 • 46 investment sessions • 704 submissions analysed • 136 supported projects • 0 failures • Investment by the region: €31,305,580 • Generated audiovisual expenses: €94,051,460 • Ratio : 300 % Results

  16. The Walloon enterprises Wallimage Entreprises : Supported 17 enterprises in 7 years !

  17. Acquisition of interests: €1,757,446 • Tied loans: €1,558,602 • Global investment : €3.316.048 • 3 bankruptcies • 3 buybacks of our stakes • 11 companies in our portfolio today Figures

  18. The enterprises

  19. Cluster structure

  20. Wallimage head of a trans-regional network

  21. Cine-Regio : already 32 members

  22. Value for the Producers • In the short term: better dissemination of information and opportunities • In the medium term: cooperation experiments by several Regional Funds • In the long-term: harmonisation of certain regulations • In more general terms: a new financing sector is being consolidated, is expanding and is being rationalised With the support of

  23. AER Summer School 2012Ponta Delgada, Azores – August 20-25, 2012 Thank you for your attention! Q & A For more information, do not hesitate to contact: Wallonia-Brussels International (WBI) Mr. Stéphane COOLS +32 2 421 85 12 s.cools@wbi.be

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