Saturday, 31 October 2009

Hollywood gets helping hand from Qatar as it struggles with box office slump

The Qatari media group, Alnoor Holdings, said a new fund would finance up to 15 films over the next five years and the first project would be announced within days.

It will be a welcome relief in California where film productions have been leaking away abroad or to other US states offering financial incentives like tax credits and rebates.

The Qatari media group, Alnoor Holdings, said a new fund would finance up to 15 films over the next five years and the first project would be announced within days.
It will be a welcome relief in California where film productions have been leaking away abroad or to other US states offering financial incentives like tax credits and rebates.

Also see original source

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