Dáil Éireann Debate, Wednesday - 23 January 2013
162. Deputy Seán Ó Fearghaíl asked the Minister for Arts, Heritage and the Gaeltacht the amount of money that was invested by the Irish Film Board in 2012 on film projects; the amount of this money that was returned; and if he will make a statement on the matter. [3379/13]
View answerPrimary responsibility for the support and promotion of film-making in Ireland, in respect of both the indigenous sector and inward productions, is a matter for the Irish Film Board (IFB). This agency is funded through my Department and is independent in its day-to-day operations.
I am advised that the total investment in film projects for 2012 was €13,979,291. No monies were returned on these projects in the year as the majority of projects had not reached completion by year-end and had not reached the market to generate sales. The IFB would expect these projects to begin remunerating their investment within 12 months of completion.
