International business consultants Grant Thornton and NZ production company Libertine Pictures have launched an advisory service for producers seeking to access the new New Zealand Screen Production Grant.
The service will be provided by Grant Thornton and Libertine Pictures in association with screen sector consultancy Tim Thorpe Consulting and Emery Legal, and will offer assistance to production companies seeking the new 20 and 25% screen production grant for international film and television productions and the 40% grant for New Zealand film and television productions and official co-productions.
The NZSPG more or less replaced SPIF and the LBSPG on 1 April 2014, with a little tinkering around the edges still being finalised. The reason for establishing the service is to assist productions to qualify for the maximum available return under the new system. The NZSPG pays out at the top rates only for official co-productions and for productions that meet what Libertine Pictures Joint Managing Director Richard Fletcher described as “the more nuanced and demanding economic development points test criteria that trigger the additional 5%”.
Grant Thornton already offers a similar service in Ireland and Northern Ireland, where a number of major UK productions including The Tudors, The Borgias and Ripper Street have shot, alongside some equally bloodthirsty interntaional titles such as The Vikings and Game of Thrones.
Libertine will also offer its own services as a production company or co-production partner.
The joint venture won’t limitself to working with producers of feature and TV projects. It will also target legacy physical infrastructure projects, and will facilitate engagement and collaboration with educational institutions, gaming and interactive companies, and non-screen sector high tech companies.
The new NZ service was announced from Cannes by Libertine’s joint MDs Paul Davis and Richard Fletcher.