Norway film celebrates revival

May 15, 2008 The Norwegian film industry has arrived in force in Cannes, riding high on the recent boxoffice surge of local titles and accompanied by an a odd, teepee-like structure now pitched on the lawn outside the Grand Hotel. The country's three main film financing bodies merged last month to form a single centralized body to divvy up about $60 million in production subsidies every year and Norway's oil-rich government has set ambitious growth targets. By 2010, Norway wants local films to account for a quarter of the national boxoffice -- up from last year's 16% -- and to double the international sales revenue for Norwegian titles.

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