RioFilme aims to make a splash this year in China with three titles at the Shanghai International Film Festival as it seeks new business.
Brazil’s ‘I’m Still Here’ Oscar Nominee Fernanda Torres Joins Willem Dafoe in Barbara Paz’s Dystopian Pic, ‘Cuddle’ It’s been a minute since the hit 1976 Brazilian telenovela “The Slave Isaura” captivated a record 300+ million viewers in China butBacked by the state-owned film agency, “Luiza’s Desert” vies for the Golden Goblet in the festival’s main competition while “The Fabulous Time Machine” is in the documentary sidebar and “Heart of Darkness” in animation.
Gore Verbinski Says We Need a ‘Rating System’ for AI Use in Films: ‘If You Use AI to Write a Script, You Get an F’ Italy’s 'King of Cashmere' Brunello Cucinelli on Taking Giuseppe Tornatore's Docufilm About His Life to the Shanghai Film Fest: 'It Can Connect With the Chinese Mindset' Led by its president Leonardo Edde, RioFilme also hopes to drum up business in the powerhouse Asian country as it seeks to put Rio de Janeiro firmly on the cinematic map.
“One of my main goals is to bring new opportunities back to Rio and help attract larger international co-productions. We already have a strong production services sector, but we want to go beyond that and become a hub for major co-productions as well,” he toldMost recently “Godzilla vs. Kong – The New Empire” shot in Rio as well as Netflix action series “Man on Fire,” starring Emmy-winner Yahya Abdul-Mateen II and Alice Braga.
In past years, the coastal city hosted “The Fast & The Furious” 5 & 10, “The Expendables” and “TheIts other objective is to increase its exports—not only by providing production services but also by exporting Brazilian content and intellectual property.
“That’s one of the reasons I’m going to Shanghai. Right now, many countries and companies are looking to engage with the Chinese market, but our interest goes beyond simply accessing that audience. We also want to attract Chinese investment to Rio,” he said, adding: “There are many similarities between our industries, particularly in the way we view the audiovisual sector as a driver of economic growth through technology, innovation and infrastructure.
I’m going there to start that conversation, explore potential partnerships and better understand what we can build together. ”This package of $30 million in 2026 and US$43 million in 2027/28 includes public policies, grant programs and initiatives. The creative economy already accounts for 5.2% of the state of Rio de Janeiro’s GDP, making it one of the strongest creative economies in Brazil, Edde pointed out.
Between 2021 and the first quarter of 2026, the Rio de Janeiro City Hall, through RioFilme, invested approximately $54.5 million in more than 600 audiovisual projects. Beyond its production strength, Rio is Brazil’s leading market for domestic cinema, accounting for an average of 71% of audiences and 70% of box office revenue between 1995 and 2024. In 2024, the state released 68 films – nearly matching its all-time record set in 2017.
Later this year, Rio will once again offer its Cash Rebate Grant, a rolling program with a $3 million budget to support audiovisual productions. Eligible Brazilian productions from outside Rio and international projects can receive rebates of up to 30% of qualifying local expenses, while productions with Rio de Janeiro as their primary filming location may qualify for rebates of up to 35%.
Founded in 1992, what began as a distribution company grew into what it is today, an agency with a mission to grow Rio’s audiovisual industry, from development and production to distribution and even exhibition. Following the South Korean model, it’s offering movie vouchers to public school youth in a bid to restore audience attendance to at least pre-Covid levels.
Netflix Feature Animators Vote to Ratify First Union Contract with The Animation Guild Dallas Cowboys Cheerleaders Wrestle With the Downsides of Viral Fame in Netflix’s ‘America’s Sweethearts’ Season 3 Trailer: ‘Can’t Listen to the Haters’ ‘Love on the Spectrum’ Submits Cast Member Tyler White’s Original Song ‘Sounds Pretty Good to Me’ for Emmy Consideration Sportico
Please follow us on Google to support us United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zhang Disha’s Sci-Fi ‘The Decisive Moment’ to Close Shanghai Film FestivalChinese sci-fi 'The Decisive Moment' closes the 28th Shanghai Film Festival on June 21, directed by Zhang Disha and produced by Huang Jianxin.
Read more »
Michelle Yeoh, Tony Leung Lead Shanghai Film Festival’s Star-Studded OpeningThe 28th Shanghai International Film Festival opened with Tony Leung and Michelle Yeoh on the red carpet and a lifetime honor for centenarian Lisa Lu.
Read more »
Honor and Arri’s Robot Phone Debuts on Shanghai Film Festival Red CarpetHonor's Robot Phone, co-developed with Arri, made its public debut at the Shanghai Film Festival as the festival's official imaging partner.
Read more »
Berlin, Toronto and Hong Kong Film Festival Chiefs Gather at Shanghai to Champion New TalentLeaders from the Berlin, Toronto and Hong Kong festivals joined a Shanghai Festival forum to debate how to develop the next generation of filmmakers.
Read more »