From Iceland — Baltasar Kormákur: Film Fund Cuts "Terrible Shock"

Baltasar Kormákur: Film Fund Cuts “Terrible Shock”

Published October 5, 2013

Icelandic filmmaker Baltasar Kormákur is less than pleased with proposed cuts to the film industry in his home country, and has made his concerns known to the foreign press.
As reported, the government’s 2014 budget proposal includes reducing funds to The Icelandic Film Centre from 1.1 billion ISK to 735 million ISK.
Speaking candidly to Hollywood Reporter, Baltasar had some choice words about the proposed cuts.

“What can I say. It is a terrible shock for everyone working in the film industry in Iceland. … It is almost impossible to build any future for the Icelandic films when they keep cutting us down at the knees.”

A recent statement from The Association of Icelandic Film Producers, the Icelandic Film Makers Association and the Directors Guild of Iceland underscored this sentiment, adding that the film industry generates a five-fold return in revenue for investments made.
It should be noted that government budget proposals are often altered before they are finalised, so whether or not the full extent of these cuts will remain or be changed in some way is still a matter of speculation.

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