Taipei opens new fest, new era

June 22, 2009 So, too, does a new era of openness and market orientation for the Taiwan film industry. The industry's governing body, the Government Information Office, last week detailed its plans to bring its boxoffice incentive scheme within reach of more films. Su Jun-pin, minister of the GIO, said that locally produced films or those with a Taiwanese director will now be eligible for a 20% subsidy if their boxoffice revenue in Taiwan exceed NT$20 million ($435,000).

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