The Federal Government has confirmed the $50 million Temporary Interruption Fund will provide coverage if productions incur additional expense due to delays caused by COVID-19.
CJZ MD Nick Murray has a cautionary message for those who are calling on the Federal Government to double the Producer Offset for TV productions to 40 per cent: Be careful what you wish for.
While insurance companies and other financiers worldwide have excluded COVID-19 from their policies, Melbourne-based Elevate Production Finance is stepping into the breach.
Financial support from the Federal Government for the hundreds of thousands of screen industry practitioners who lost their jobs during the pandemic could be imminent.
Paul Fletcher acknowledges the urgency of resolving the COVID-19 insurance risk issue for screen productions and other sectors, and promises to formulate the Federal Government's media reforms as quickly as possible after the consultation period.
CJZ MD Nick Murray and See-Saw Films' Emile Sherman have made a detailed submission urging the Federal Government to underwrite the risk of productions having to shut down or replace the director or key cast due to the coronavirus pandemic.
CJZ co-owners Michael Cordell and Nick Murray tell IF about working together to establish one of the most successful indies in Australia.
CJZ is home to Gruen, Bondi Rescue, Go Back To Where You Came From and House of Hancock.