Oireachtas Joint and Select Committees

Wednesday, 12 October 2022

Committee on Budgetary Oversight

Film Sector Tax Credits: Discussion (Resumed)

Ms Moe Honan:

Like every industry. In terms of the model we are working with here, and speaking on behalf of Animation Ireland, we also work with actors for voice work. In our model, where we are co-producing all of the time with partners across Europe in my case, and others with other international partners, we are in a position where we have to negotiate a buyout because, otherwise, as Mr. Hickey alluded to, no distributor will sell a film and no distributor will screen it. I want to make the point that, in that context, that buyout fee is higher than a daily fee, so it is compensated for upfront as opposed to back-end, where, frankly, the actor may never get anything.

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