Bloody hell, getting around The McCarthy Report is a nightmare, and so is the McCarthy Report. It recommends that the Irish Film Board be merged into Enterprise Ireland to save €3 million with the loss of 17 staff and wants its €17 million in annual capital funding for Irish films to be withdrawn.
Current productions with permitted grants will be honoured, although the future of the Board and ultimately film production in Ireland is questionable. Although grants are usually no more than €20,000, producers need grants to attract funding from private investors. If grants are axed, it is less likely that Irish films would receive further investments from private sources.
The Irish Film Board is critical to not only Irish film but also to tourism as 50% of tourists claim they came to Ireland because of films made here.