Oireachtas Joint and Select Committees

Wednesday, 20 March 2024

Joint Committee on Tourism, Culture, Arts, Sport And Media

Support for Development of Regional Film and Television Production: Discussion

Mr. Dermot Horan:

One of the key things is the retention of IP for the production sector. I referred to this in my opening statement. Companies will grow not because they are just service providers for big Hollywood studios, but because they own their catalogue. High-end programming costs a lot of money. The more that team Ireland, which is this union of the tax relief, Screen Ireland, the broadcasters and perhaps the WRAP fund, can bring to the table as you go international, the more IP independent production companies will retain. That allows them to use that IP to sell those programmes repeatedly, to grow as a company and to employ more people. We want to have a sustainable independent sector. We do not want to just increase the spend; we want that spend to create a sustainable sector.

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