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The Wing: Financing Meets Post-Production
22 Apr
Summary
- The Wing offers post-production services bundled with investment.
- It targets international co-productions with budgets $5M-$15M.
- Aims to ease the final 5-10% of production funding challenges.
A new film financing and post-production company, The Wing, has launched ahead of the Cannes market. Co-founded by Tavake Limited and Be Hope Films, it aims to support international co-productions involving New Zealand. The Wing provides post-production services bundled with an equity financing mechanism, converting post-production spend into investment. This strategic offering works alongside New Zealand's Screen Production Rebate, which offers a 40% return on qualifying local expenditure. The company is targeting independent and mid-tier international co-productions with budgets ranging from $5 million to $15 million. Its debut production, 'Shearing the Love,' starring Geoffrey Rush, is currently in post-production, serving as a proof of concept. The Wing positions itself as an equity partner that delivers post-production, structures investment, and cashflows the rebate, aiming to simplify the often-fragmented financing process for international producers seeking New Zealand's competitive rebate and world-class post capabilities.
