EXCLUSIVE: The Wing, a post-production and film financing company with specialism in international co-productions with New Zealand, is launching ahead of the Cannes market.
Co-founded by Tavake Limited and Be Hope Films, the company says it will offer international producers with co-production treaties with New Zealand “post-production services bundled with an equity financing mechanism that converts post spend into investment”, deployed alongside New Zealand’s Screen Production Rebate which returns 40% on qualifying New Zealand expenditure.
For international coproducers arriving in New Zealand with a finance plan to close, The Wing is setting itself up as a “single point of contact that can activate that entire mechanism and ensure every eligible dollar of a production reaches its full rebate potential”.
The company’s financing capability is said to be supported by a strategic alliance with Hinterland, a New Zealand-based screen media finance company led by Managing Director Sharon
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