NENT Group, C More Entertainment and VGTV to join the Nordic Film & TV Fund
Nordic Entertainment Group (NENT Group), C More Entertainment and VGTV will join the Nordic Film & TV Fund on January 1st, 2020, which will bring the total number of the fund's financing partners to 22.
The participation of NENT Group/Viaplay and C More Entertainment in Nordisk Film & TV Fond was facilitated by the Fund's new agreement structure for 2020-2024, which allows pan-Nordic subscription-based streaming services (SVOD) to enter the exclusive Nordic partnership.
Petri Kemppinen, CEO at Nordic Film & TV Fund said: “I am extremely pleased that three new partners wanted to join Nordisk Film & TV Fond, two of them pan-Nordic players and one a high-profile channel in the documentary sector, making the total number of our partners 22 as of 2020. This reflects the fast change in the distribution of content in the Nordics and hugely increased investments by private actors. The new financing structure of the Fund also means that we will be able to pursue our mission of financing and promoting quality films, documentaries and TV dramas with an increased budget.”
The purpose of the Nordic Film & TV Fund is to promote the production of audio-visual projects in the Nordic countries by participating in the top-up financing of feature films, TV-fiction, TV-series, short films and creative documentaries. In order to obtain support from the Fund, the film has to be suitable for theatrical release, television broadcasting or other forms of distribution.
For the full press release please click here.