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Audio visual and animation industry worth over 1bn to the Irish Economy

Written by Robert McHugh, on 28th Jun 2018. Posted in Technology

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The Minister for Culture, Heritage and the Gaeltacht, Josepha Madigan today launched her Department’s €200m Audio-visual Action Plan.  The plan aims to support the Government’s ambition to enable Ireland to become a global hub for the production of Film, TV drama and animation.
 
As well as measuring the size and impact of the industry, the report identified a range of key strategic recommendations which would assist the future development and growth of the audio-visual sector in Ireland. 

The consultants concluded that with the implementation of their policy recommendations, Ireland’s film, television and animation sector could in a period of five years, double employment to over 24,000 full-time equivalents and a gross value added of nearly €1.4 billion.
 
The report’s key recommendations include increased capital funding for the film sector including co-production and development funding, a specific fund for the development of films and TV drama, a fund for new Irish TV drama, a regional production fund and additional training of film workers and crew.
 
Speaking this week, Minister for Business, Enterprise and Innovation, Heather Humphreys said, "This initiative could not come at a more opportune time. Facing into a climate of global economic uncertainty, it is more important than ever to develop strong, resilient and innovative companies that have the capacity to provide skilled, quality jobs. I know first-hand that we have the talent and drive necessary to succeed in this competitive market. This plan is an important step towards achieving this vision."

Source: www.businessworld.ie

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