What does Co-Production mean?
Co-Production refers to a partnership between two or more production companies or entities to finance, produce, and distribute a film, television show, or other media project. Co-productions often involve companies from different countries, enabling them to share resources, talent, and distribution rights. This type of collaboration can help reduce costs, expand market reach, and allow access to tax incentives or subsidies that are specific to certain regions or countries.
Example:A co-production between a U.S. studio and a French production company allows the film to qualify for tax benefits in both countries and reach a broader audience.
Example: Two television networks partner in a co-production, sharing the cost of producing a new international drama series and splitting the global distribution rights.
Did You Know?
Co-productions are often used to tap into regional funding or grants, which can significantly lower the overall production budget!
