$96.9 million invested via funding programs in fiscal 2012-2013
MONTREAL, Dec. 11, 2013 /CNW Telbec/ - Telefilm Canada today released
the highlights of its 2012-2013 annual report at its fifth Annual
Public Assembly, held this year at the PHI Centre in Montreal. Under
the theme Talent First, Chair of the Board, Michel Roy, and Executive Director, Carolle Brabant, presented the results that showed a growing interest in Canadian film,
especially on the international scene. Phoebe Greenberg, the force behind the Centre's creation, made welcoming remarks.
"Our corporate plan Fostering Cultural Success is still as relevant as ever and continues to produce compelling
results. Through collaboration with our clients, we have made major
changes to our Development and Promotion programs and have also created
new programs," said Michel Roy.
"In the years to come we are faced with a collective challenge, that of
putting Canadian talent on as many screens as possible and reaching
even more audiences, both here and abroad," added Carolle Brabant.
Investing in talent
$96.9 million provided through various funding programs in fiscal
Telefilm funding enabled backing for the:
Production of 72 feature films
Marketing of 94 films
Support for 44 Canadian film festivals and 83 industry events
Promotional support for Canadian films at 39 international festivals
The Canada Media Fund renewed its services agreement with Telefilm as
CMF Program Administrator for a seventh consecutive year.
Successful launch of Telefilm's redesigned Development and Promotion
programs and the introduction of the Micro-Budget Production Program.
Renewal of the Theatrical Documentary Program in partnership with the Rogers Group of Funds.
Focusing on operational excellence
Financing recovered from projects increased by nearly $1 million, 8%
over last year.
Management expense ratio decreased from 6.3% to 5.8%, thanks in part to
lower costs for professional services and travel and hospitality.
Cost efficiencies allowed for $2.5 million to be transferred from the
administrative budget to program funding.
Partnering for promotion
Industry success stories
War Witch nominated for the Best Foreign Language Film Oscar, marking Canada's
third consecutive year in this category at the Academy Awards.
Canadian films won five awards at the 63rd Berlin International Film Festival: Vic+Flo Saw a Bear, Inch'Allah and Barefoot.
Canadian film Starbuck released on more than 2,000 screens in the Chinese market and being
remade by studios in Hollywood and France.
Canada selected as Country of Honour at MIPCOM 2012, the world's leading market for entertainment content across all
Xavier Dolan honoured as Filmmaker in Focus at the 10th edition of Canadian Front at the Museum of Modern Art in New York.
English-language feature Goon grossed $4.1 million at the domestic box office in 2012 and won Telefilm's Golden Box Office Award; Telefilm's Guichet d'or awarded to Omertà, the highest grossing domestic French-language film in 2012, with $2.8
million in box office sales.
Annual report microsite and video highlights now online
Telefilm's annual report microsite is now online. Discover highlights of the fiscal year, information about Telefilm's
initiatives, industry success stories and more. Video highlights of
Telefilm's Annual Public Assembly will also soon be online at http://telefilm.ca/en/news/speeches. A series of questions and answers will also be published.
About Telefilm Canada
Telefilm is dedicated to the cultural, commercial and industrial success
of Canada's audiovisual industry. Through its various funding and
promotion programs, Telefilm supports dynamic companies and creative
talent here at home and around the world. Telefilm also administers the
programs of the Canada Media Fund. Visit www.telefilm.ca and follow us on Twitter at twitter.com/telefilm_canada and on Facebook at www.facebook.com/telefilmcanada.
SOURCE: Telefilm Canada
For further information:
Douglas Chow, Manager, External Communications
(514) 283-0838, ext. 2225 or 1-800-567-0890