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Hungary: One Of Europe's Largest Film Studios Opens In Budapest

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By Reuters

BUDAPEST, HUNGARY (MAY 6, 2010) (REUTERS) ENTRANCE TO STUDIO SIGN FOR RALEIGH STUDIO VARIOUS EXTERIORS OF STUDIO GROUNDS MEDIA ON TOUR OUTSIDE STUDIOS (SOUNDBITE) (English) HEAD OF RALEIGH STUDIOS BUDAPEST, STEVE AUER, SAYING: "And then on the right is another double stage, those are each 1,900 square metres." EXTERIOR OF STUDIO VARIOUS OF CONSTRUCTION WORKERS OUTSIDE STUDIO TRAILERS OUTSIDE STUDIO VARIOUS OF INTERIOR OF STUDIO VARIOUS OF NEWS CONFERENCE UNDERWAY (SOUNDBITE) (English) PRESIDENT OF RALEIGH STUDIOS, MICHAEL MOORE, SAYING: "Our goal was to build a studio that is unlike any other facility in Europe. But also it was to take Budapest and help develop Budapest truly as a production destination, much like Vancouver did to the US back in the 1990's and we know that Vancouver became the third largest production centre in the world." NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (English) PRESIDENT OF RALEIGH STUDIOS, MICHAEL MOORE, SAYING: "The architecture for one, it's simply amazing and it has all the wonderful things that you'd expect in a great European city, but even more importantly what that architecture offers is such diversity, not only in the city, but also in the surrounding areas where you find period homes and other great locations. That gives a lot of creative options for the filmmakers to make their movies." NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (English) PRESIDENT OF RALEIGH STUDIOS, MICHAEL MOORE, SAYING: "Also important is the support of the art of film making that the government has demonstrated by having a production tax incentive, which is a key component to drawing Hollywood and American productions, as well as European productions, to this area." JOURNALISTS LISTENING (SOUNDBITE) (English) PRESIDENT OF RALEIGH STUDIOS, MICHAEL MOORE, SAYING: "This tax incentive programme is not only important, but it's necessary to compete in a world market where so many different countries including the US and the States have recognized the economic impact that production has on a location and the support that the government has offered there has been truly fantastic and it's a real draw for Hollywood." JOURNALISTS ATTENDING NEWS CONFERENCE (SOUNDBITE) (English) PRESIDENT OF RALEIGH STUDIOS, MICHAEL MOORE, SAYING: "I can tell you from the marketing efforts that we've been putting forth and the meetings that we've been having with the major studios in Los Angeles, there is a great focus on Budapest right now."
Dateline: 2010

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