Fundamental to the production of many media and entertainment products is securing the financing necessary to successfully complete and release these products. The media and entertainment industries are dynamic businesses which require innovative financing structures and the legal expertise to ensure proper implementation.
At Dentons, our lawyers are recognized around the world as being top practitioners in complex media and entertainment financings. We have extensive experience in multiple jurisdictions in creating and working with unique funding structures to meet the needs of each of our clients' businesses. Whether you are a lending institution, private equity, corporate financier, studio or production company, leverage our expertise in all areas of financing including:
No matter where you are or how complicated the financing structure, Dentons will work with you to close the financing to ensure project completion.
Canada is recognized as a major player in film, television and interactive digital media production. The growth of Canada’s multibillion-dollar production industry is attributable to our high-standard facilities, competent workforce, physical and cultural proximity to the United States, as well as many favourable economic factors. These include lower location and production costs than in the US and Europe, a good exchange rate, and advantageous government tax incentives and funding policies.
European Union: The whirlwind that was 2020 brought about an abundance of significant judgments from the Court of Justice of the European Union (CJEU) in the area of intellectual property, technology and data protection.
British Columbia Finance Minister Michael de Jong released a statement this morning regarding proposed changes to BC’s film, television and digital media tax credit programs. Subject to approval of the British Columbia legislature, the following changes were announced: 1) The Basic Production Services tax credit (PSTC) rate will be decreased to 28% (from 33%) of eligible British Columbia labour expenditures; 2) The Digital Animation or Visual Effects (DAVE) tax credit rate will be reduced to 16% (from 17.5%) of eligible British Columbia labour expenditures directly attributable to digital animation or visual effects activities.
A Dentons team from the Los Angeles and Vancouver offices worked together to negotiate the financing for an independent film directed by TV and movie actor Chris Messina, which will premiere in the Spotlight section of the 13th annual Tribeca Film Festival in April.