Evidencing the Economics of Film Festival Funding: Do Government Subsidies Help?

Chapter
Part of the Media Business and Innovation book series (MEDIA)

Abstract

In this chapter, we analyze the economic situation of film festivals in Austria. We focus on different types of film festival funding and financing modes, the economic situation of film festival staff, and the effects of the festivals and related tourism on the national economy. Further, we look into audience behavior with regard to film festival attendance in Austria. Finally, we critically evaluate the situation of film festivals in Austria in 2015. We argue that Austrian film festivals are making an important contribution to the diversity of the Austrian film landscape by multiplying the number and genres of films available on screen. Helped out with government subsidies by a total revenue volume of 57% to funding, Austria’s film festivals manage to attract a substantial number of festival-goers every year. Achieving the highest factor of seat load in Austria, we consider them to be highly successful. This chapter also demonstrates that publicly supporting film festivals is an indispensable driver for film diversity in the country.

Keywords

Audience behavior Austria Cinema Employment Film festivals Film festival funding Film festival studies Film festival tourism Film marketing Financing Job conditions Media usage Multiplier effect Survey 

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.paul und collegen consultingWienAustria

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