James Cameron film Avatar reached another milestone when the one millionth cinema ticket in Hungary was booked on Saturday. No film had drawn more than a million spectators to Hungarian cinemas since the first Harry Potter movie in 2001. Hungary's... [read complete entry]
The industry is turning its gaze to Hungary as a HUF 17bn mega studio, Europe's newest and flashiest, is unveiled for the scrutiny of executives for the first time on Thursday. Business daily Vilaggazdasag said Raleigh Studios of the US... [read complete entry]
Hungary's Ministry of Education and Culture has approved royalties on online music and film, the Artisjus Hungarian Bureau for the Protection of Authors Rights announced in an official gazette. The ministry approved a minimum royalty of HUF 18 per film... [read complete entry]
Hungary's cinemas closed 2009 with higher revenues from ticket sales as well as a rise in the number of cinema-goers from the previous year, data published on the National Film Office's website on Friday showed. Despite the economic crisis and... [read complete entry]
Raleigh Studios is building a $40 million film studio complex in Budapest’s 15th District of Rákospalota that is set for completion in April. "This is going to be the finest studio on the continent: it will be truly run like... [read complete entry]
Confidence towards Hungary is starting to return, as more and more foreign filmmakers show interest in producing films in Hungarian studios, Peter Hidvegi, head of the Stern Film Studio and Media Center told the business daily Napi Gazdasag on Wednesday.... [read complete entry]
The state-owned Hungarian Development Bank (MFB) has acquired a 10pc stake in Origo Filmstudio Filmgyarto, a company that plans to build a HUF 12bn film studio in Budapest's District XV, business weekly HVG reported in its issue published Thursday.... [read complete entry]
The state asset manager MNV has called tenders for the privatization of three film studios, Objektív Filmstúdió Kft, Budapest Filmstúdió Kft and Hunnia Filmstúdió Kft, which are under 100% ownership by the state.... [read complete entry]
The Council of Europe's film fund Eurimages has granted 680,000 euros for the production of two Hungarian films, the Hungarian Film Union told MTI on Monday.... [read complete entry]
The European Commission on Wednesday said it approved a six-year EUR 231m Hungarian film support scheme which was modified from the original to introduce cultural content eligibility criteria.... [read complete entry]
Starting tomorrow, cinemas across America will roll out Hellboy II: The Golden Army, the first major motion picture to be shot primarily at Korda Studios, the recently-completed movie-making complex in Etyek, just outside Budapest. If the film's opening weekend is... [read complete entry]
Investors are planning to build three new film studios in Hungary in the coming two years.... [read complete entry]