Australian incentive produces new VFX hub
South Australia’s boosted visual effects incentive has led to a commitment from international visual effects company Technicolor to set up a production hub in Adelaide.
By Nick Goundry 6 Feb 2018
South Australia’s boosted visual effects incentive has led to a commitment from visual effects company Technicolor to set up a production hub in Adelaide.
In December, South Australia launched an uncapped Post-Production, Digital and Visual Effects Rebate worth 10% of regional expenditure.
As a result, Technicolor will establish a AU$26m facility called Mill Film in the state.
The company has recently produced visual effects work for Clint Eastwood's movie The 15:17 to Paris, Aaron Sorkin's Molly's Game and Steven Spielberg's The Post (pictured).
Mill Film will focus on delivering visual effects for big-budget features and high-end TV shows, before eventually expanding to cater for virtual reality projects as well.
“We picked Australia as an opportunity for expansion because it provides an ability to engage with a pool of proven creative talent, work with leading universities and build on a modern and mature infrastructure that is critical for working on high-end VFX projects,” said Frederic Rose, chief executive officer of Technicolor.
South Australia’s VFX support can be accessed in tandem with Australia’s federal 30% rebate for VFX incentive support, meaning producers doing visual effects work in Adelaide will be able to access a rebate of up to 40%.
Authorities in South Australia are supporting Mill Film with a AU$6m investment and the facility is forecast to deliver AU$252m for the state over ten years.
“South Australia worked with us to provide a complete investment package,” said Rose. “The state government’s 10% PDV (Post, Digital and Visual Effects) rebate, stackable with the federal government’s 30% incentive was an opportunity too good to ignore.”
Gold Coast in Queensland and Sydney in New South Wales are Australia’s physical production hubs as they offer the largest studio facilities. Village Roadshow Studios in Queensland has hosted films like Thor: Ragnarok and Aquaman, while Fox Studios Australia in Sydney was home to Alien: Covenant.
See KFTV's production guide for more on filming in Australia.
Main page image: FreeImages.com/Timobalk. Article image: Niko Tavernise/20th Century Fox
As a result, Technicolor will establish a AU$26m facility called Mill Film in the state.
The company has recently produced visual effects work for Clint Eastwood's movie The 15:17 to Paris, Aaron Sorkin's Molly's Game and Steven Spielberg's The Post (pictured).
Mill Film will focus on delivering visual effects for big-budget features and high-end TV shows, before eventually expanding to cater for virtual reality projects as well.
“We picked Australia as an opportunity for expansion because it provides an ability to engage with a pool of proven creative talent, work with leading universities and build on a modern and mature infrastructure that is critical for working on high-end VFX projects,” said Frederic Rose, chief executive officer of Technicolor.
South Australia’s VFX support can be accessed in tandem with Australia’s federal 30% rebate for VFX incentive support, meaning producers doing visual effects work in Adelaide will be able to access a rebate of up to 40%.
Authorities in South Australia are supporting Mill Film with a AU$6m investment and the facility is forecast to deliver AU$252m for the state over ten years.
“South Australia worked with us to provide a complete investment package,” said Rose. “The state government’s 10% PDV (Post, Digital and Visual Effects) rebate, stackable with the federal government’s 30% incentive was an opportunity too good to ignore.”
Gold Coast in Queensland and Sydney in New South Wales are Australia’s physical production hubs as they offer the largest studio facilities. Village Roadshow Studios in Queensland has hosted films like Thor: Ragnarok and Aquaman, while Fox Studios Australia in Sydney was home to Alien: Covenant.
See KFTV's production guide for more on filming in Australia.
Main page image: FreeImages.com/Timobalk. Article image: Niko Tavernise/20th Century Fox
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