A group of German financial institutions and private companies will inject US$19.3 million into new film subsidies and studios. The goal, according to Bavarian State Minister Kurl Fultlhauser, is to turn Munich into a media city, similar to Cologne and Berlin. In a speech to the state Parliament, he says the government will use the infrastructure investments to build a modern media center.
Germany’s film industry gets a boost
A group of German financial institutions and private companies will inject US$19.3 million into new film subsidies and studios. The goal, according to Bavarian State Minister Kurl Fultlhauser, is to turn Munich into a media city, similar to Cologne and Berlin....
August 1, 1998
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