The audiovisual and radio sectors contributed over €1 billion in Gross Value Added (GVA) to the Irish economy in 2016, with Film, TV, and animation accounting for the largest share at €692 million.
02
The sectors generated an estimated €191 million in export earnings for Ireland in 2016, primarily from film, television, and animation. Inward production of live-action films and TV programs alone contributed €123.3 million to these export earnings.
03
Irish animation studios earned an estimated €48.2 million from foreign clients in 2016, representing 74% of their total turnover.
04
The Section 481 Tax Relief is crucial for the Irish film and TV industry, enabling local projects, attracting international co-productions, and making Ireland competitive for high-budget inward investment. Its future beyond 2020 requires clarification.
05
Ireland faces a shortage of studio capacity, hindering both inward investment and domestic productions. Existing facilities are often booked, too small, or lack local crew support, increasing costs and limiting growth.
06
The Irish Film Board (IFB) Screen Commission, despite its potential to attract US production (especially given Brexit uncertainty), has been underfunded due to budget cuts, limiting its impact and leading to misinformation about incentives like Section 481.
07
Finding affordable business premises is a challenge for smaller companies, particularly in the Animation, VFX, and Games sectors.
Insights
01
The audiovisual and radio sectors contributed over €1 billion in Gross Value Added (GVA) to the Irish economy in 2016, with Film, TV, and animation accounting for the largest share at €692 million.
02
The sectors generated an estimated €191 million in export earnings for Ireland in 2016, primarily from film, television, and animation. Inward production of live-action films and TV programs alone contributed €123.3 million to these export earnings.
03
Irish animation studios earned an estimated €48.2 million from foreign clients in 2016, representing 74% of their total turnover.
04
The Section 481 Tax Relief is crucial for the Irish film and TV industry, enabling local projects, attracting international co-productions, and making Ireland competitive for high-budget inward investment. Its future beyond 2020 requires clarification.
05
Ireland faces a shortage of studio capacity, hindering both inward investment and domestic productions. Existing facilities are often booked, too small, or lack local crew support, increasing costs and limiting growth.
06
The Irish Film Board (IFB) Screen Commission, despite its potential to attract US production (especially given Brexit uncertainty), has been underfunded due to budget cuts, limiting its impact and leading to misinformation about incentives like Section 481.
07
Finding affordable business premises is a challenge for smaller companies, particularly in the Animation, VFX, and Games sectors.