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 News Around the Republic of Mexico | August 2005 
Mexico Offers $1 Million Deal to Filmmakers
 Associated Press
| | Releases such as 2001's Y Tu Mamá También catapulted both the movies' directors and their stars into the international spotlight. |
Mexico City - The Mexican government has set aside close to $1 million to back loans for movies as a growing number of the country's filmmakers win international acclaim.
The money, from Mexico's Economy Department, could help fund up to 20 movies, the ministry said Thursday.
The department expects the loan support to benefit 35 small and medium-size companies involved in the film industry across the country.
Releases such as 2000's Amores Perros and 2001's Y Tu Mamá También catapulted both the movies' directors and their stars into the international spotlight.
Alejandro González, director of Amores Perros , has since moved on to Hollywood flicks, making the likes of 21 Grams with Sean Penn in 2003. He is currently working from Tijuana to complete a multilingual trilogy starring Gael García Bernal and Brad Pitt.
Alfonso Cuarón, director of Y Tu Mamá También , went on to oversee Harry Potter and the Prisoner of Azkaban , the 2004 release adapted from the third installment of J.K. Rowling's best-selling novels.
Such success has been a breath of fresh air for the Mexican movie industry, which had dwindled from making as many as 200 films a year during World War II, the so-called golden age of Mexican film, to putting out just a handful of local productions a year.
Production has picked up in recent years, and the industry is expected to put out 50 movies in 2005. |
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