Posts tagged ‘mexican film’
Bernardo Ruiz’s ‘Reportero’ Film Highlights Dangers For Journalists In Mexico
Hector Felix Miranda was a popular Tijuana columnist – respected by readers, but reviled by the people he wrote about, most often Tijuana’s political elite.
When he was gunned down in the late 1980s, it was a wake-up call for the staff of Zeta – the scrappy weekly newspaper Felix founded to challenge Baja California’s culture of political corruption. The slaying showed that freedom of expression in Mexico was not free.
That was 24 years ago, when the biggest threat to a Mexican free press was the country’s all-controlling single party government: the PRI. Today, the dangers from drug cartels are more widespread, more brazen and with big guns. (more…)
Mexico targets Hollywood with tax incentives
Mexico has launched a $20-million tax-incentive program in an ambitious move to lure film production from Hollywood and other locales.
Mexican President Felipe Calderon said Tuesday he hopes the program will make Mexico “the capital of Latin American cinema.”
He made the announcement at Baja Studios in the state of Baja California, where James Cameron’s “Titanic” and Peter Weir’s “Master and Commander: Far Side of the World” were shot in the studio’s colossal tanks.
Managed by state-run film financing agency Imcine and Mexican trade and investment body ProMexico, the program offers tax rebates of 7.5% on film productions that exceed the amount of 70 million pesos ($5.5 million). By Mexican standards, where the average budget runs about $2 million, that is considered a high-budget production. The fund will double next year to $40 million.
To qualify, foreign producers must contract local production services. Producers also can write off an additional 10% owed for IVA, Mexico’s value-added tax.
“The message is that there is a 17.5% rebate for foreign productions,” said Manuel Sandoval, ProMexico’s head of strategy and innovation.
Source: Reuters

