Media Super has taken alternative investing into very new territory. Under a landmark partnership with Fulcrum Media Finance, the Fund provides a multi-million dollar facility to cash flow the Producer Offset for a range of Australian film and television projects. Qualifying productions may also be eligible to access a pre-sale advance loan.
It is important to note that this is funding for the pre-production stage of film and TV development only. Media Super does not invest in a movie's success at the box office.
The investment forms part of Media Super's Opportunitistic Investments portfolio.
Browse the movie section of the blog to view all the film and TV productions that media super help finance.
The Producer Offset
The Producer Offset is one of a suite of Federal Government initiatives introduced in 2007 under the Australian Screen Production Incentive designed to encourage film, television and other screen production in Australia.
Administered by Screen Australia, the measure allows up to 40 percent of qualifying expenditure incurred in making Australian feature films (or 20 percent for TV and other non-feature film productions) to be refunded to Australian production companies by the ATO after completion of the project.
Specialist loan facilities such as that provided by Fulcrum Media Finance enable the producer to roll their Offset into the project during the production stage.
Other rebates available under the incentive include the Location Offset for films shot in Australia, and the Post, Digital and Visual effects (PDV) Offset for production work regardless of where the project was shot. These are administered by the Federal Government’s Ministry for the Arts in the Attorney-General's Department.
To learn more, visit www.screenaustralia.gov.au/producer_offset