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Films are flowing into studios, but there are fewer and fewer film professionals in the world

Budapest ReporterbyBudapest Reporter
2022-01-17
in industry
Reading Time: 2 mins read
Films are flowing into studios, but there are fewer and fewer film professionals in the world

Films are flowing into studios, but there are fewer and fewer film professionals in the world

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Although there is a great demand for making films, there are fewer and fewer professionals, even though it is an exciting profession.

These days, the shortage of labor is a growing problem in the film industry. The demand for making films and series is growing, but at some point, the industry will not be able to keep up with it, as the number of crew members is decreasing. In the US, there has been a strike by crew members demanding better working conditions, which only underlines the gravity of the situation.

The Hungarian film industry, on the other hand, has been flourishing lately.

Hungarian filmmaking has taken off since the streaming frenzy, with studios running at full capacity. Budapest is now the second most popular film destination in Europe after London.

Hungary is a popular destination for foreign productions for several reasons: it has been ahead of all countries in Central and Eastern Europe in introducing favorable tax conditions for film production. The amount of state aid that can be obtained might be up to one-third of the production costs in Hungary, in particular, a tax rebate of 30 percent of every HUF spent and invoiced.

In addition, the country has a pool of well-trained film professionals capable of quality work, mainly due to the service productions of recent years. An important factor is that wages in this country are favorable, overtime can be worked, and does not impose an unaffordable financial burden on production.

The available film infrastructure, such as camera, lighting, camera movement, set design, is of high quality, up to Hollywood standards, and the locations are good. At the same time, in addition to the excellent tourist facilities, there is a strong hospitality industry, which makes filming here comfortable, and the fact that the forint is not very strong is not negligible.

Despite the strong competition in the region, Budapest has maintained its attractiveness, outperforming Prague, Bucharest, Sofia, and Warsaw. Budapest is now the second most popular film destination in Europe after London.

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Tags: BudapestFilmmakinghungary

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