Alberta Film Industry Poised for a Profitable 2025

  • 📰 CTVCalgary
  • ⏱ Reading Time:
  • 75 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 68%

Entertainment Noticias

Film Industry,Alberta,2025

Alberta's film and television industry is looking forward to a more stable and profitable 2025 after a somewhat unpredictable 2024. The province's post-pandemic recovery and a favorable exchange rate are expected to attract more productions, with several major projects already in the works.

After a somewhat unpredictable 2024, Alberta’s film and television industry is anticipating a more stable and profitable 2025. The post-pandemic years have the province “firmly on the map,” according to the union that represents Calgary’s film and television crews. “We feel pretty bullish that we’re going to have a good year next year,” IATSE 212 president Damian Petti said.

“There are a number of episodic shows that are picking up for additional seasons, and there’s been a fair amount of scouting. And of course, the exchange rate will work in our favour.”The low loonie should entice more American crews to this side of the border, but Petti said the effects likely won’t be felt until the end of the second quarter of 2025. “When we talk to producers who are budgeting shows for the coming year, I’ve heard lately that $0.68 is kind of a sweet spot,” he said. “That’s a tipping point.”In March, the union finalized a three-year agreement with Netflix that will incentivize the streaming giant to shoot more in the area. The agreement was followed by a big local fourth quarter, with several major film and television productions coming to the Calgary area in 2024, including“And we have several other projects that we will be prepping,” Petti said. “There are a number of episodic series, such asA report earlier this month showed foreign film production nearly tripled in Alberta last year, despite overall declines across Canada.in foreign location and service production during the 2023/24 fiscal year, the Canadian Media Producers Association (CMPA) said in its “There are tax breaks, there are skilled staff and production crews on the ground, and all of that will attract investment,” political scientist Keith Brownsey told CTV News. “That low Canadian dollar will only help. They’re going to get all sorts of new production coming to Alberta.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 26. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Oil and gas drilling activity to reach 10-year high in 2025: Industry groupCALGARY — An industry organization predicts 2025 will see the highest amount of oil and natural gas well drilling activity in Canada in a decade.
Fuente: PGCitizen - 🏆 65. / 51 Leer más »

Oil and gas drilling activity to reach 10-year high in 2025: Industry groupCALGARY — An industry organization predicts 2025 will see the highest amount of oil and natural gas well drilling activity in Canada in a decade.
Fuente: BurnabyNOW_News - 🏆 14. / 77 Leer más »