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Production and financing events yield fruitful results at Venice Film Festival

Xinhua, September 9, 2016 Adjust font size:

A series of sideline events that aimed at bringing filmmakers together with potential investors have yielded fruitful results at the 73rd Venice Film Festival which is set to conclude on Saturday, according to a report published Thursday by the festival organisers.

For the first time, this year's production and financing events were carried out under the overall title of "Venice Production Bridge," incorporating the Gap Financing Market, the Book Adaptation Rights Area, the Final Cut in Venice prizes, the European Film Forum and other industrial activities.

The report says 1,767 accreditations were registered for this year's events which took place from Sept. 1 to Sept. 5, including 758 Industry Gold accreditations, a 35 percent increase compared to 2015.

Thirty-five screenings were held for professionals and investors, among which 13 were private.

This year in the Gap Financing Market, an occasion where filmmakers could find the money for the final production phase of their works, a total of 656 meetings were held for 40 projects, according to the report.

There projects included fictions, documentaries, TV and Web series, and even Virtual Reality films.

Another event, Final Cut in Venice, aimed at supporting the post production of films from regions affected by poverty and conflicts. Six projects were presented, and four won the prizes.

Established in 1932, the Venice Film Festival has long been known for its preference for artistic films, but in recent years it is also striving to find the balance between artistry and business, which includes launching different platforms to connect industry elites with emerging filmmakers during the festival.

The Director of the festival Alberto Barbera told Xinhua that this year they selected more "audience-oriented" films.

"I think more and more producers today is trying to make films that talk to the people, to find a way to create new storytelling, to involve the new generation and get them passionate about cinema," he said. "The Venice Film Festival can help them get access to investment and bring their ideas into production."

The 73rd Venice Film Festival runs from Aug. 31 to Sept. 10, attracting participants from 43 countries and regions. Enditem