Entertainment · Film · 21 hrs ago
Philippines Reshapes Film Co-Production Fund Into Two Tracks
The Philippines has revised its International Co-Production Fund to support films and series made with foreign partners.
The Film Philippines Office announced two tracks at the Busan International Film Festival’s Asian Contents & Film Market.
The Majority Track is for projects led by Filipino producers, who must hold the largest share and at least 20% of the project.
It offers up to PHP13 million for features and series, and up to PHP5 million for documentaries and shorts.
The Minority Track is for international productions where a Filipino producer is a junior partner with at least a 10% stake; its grants are smaller.
Both tracks require Filipino creative or technical participation, and applicants must show how their projects will reach audiences.
Qualifying ASEAN co-productions and projects that pass a cultural test can receive extra funding.
The fund aims to encourage international partnerships while keeping Filipino producers and workers involved in productions.
The Philippines has restructured its International Co-Production Fund into Majority and Minority tracks, with support levels linked to the Filipino producer’s stake.
The Film Philippines Office announced the framework at the Busan International Film Festival’s Asian Contents & Film Market.
The Majority Track is for projects led by Filipino producers and offers up to PHP13 million for features and series.
The Minority Track is for international productions where a Filipino producer is the junior partner and offers up to PHP7 million for features and series.
Both tracks provide additional support for qualifying ASEAN co-productions and projects that pass a cultural test.
- Who
- The Film Philippines Office, which runs the International Co-Production Fund.
- What
- The fund has been restructured into Majority and Minority tracks with different eligibility rules and funding limits.
- When
- The framework was unveiled at the Busan International Film Festival’s Asian Contents & Film Market; the article was published on October 11, 2026.
- Where
- The announcement was made at the Busan International Film Festival’s Asian Contents & Film Market.
- Why
- Funding amounts and eligibility are tied to the size of the Filipino stake and the project’s Filipino participation.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Variety published its report on the revamped International Co-Production Fund.
The Film Philippines Office unveiled the new framework at the Asian Contents & Film Market.
- Majority Track features and series
- Up to PHP13 million ($210,000)
- Majority Track documentaries and shorts
- Up to PHP5 million ($80,000)
- Minority Track features and series
- Up to PHP7 million ($113,000)
- Minority Track documentaries and shorts
- Up to PHP3 million ($48,000)
- ASEAN co-production top-up
- PHP1 million ($16,000)
- Cultural-test top-up
- Up to PHP2 million ($32,000)
Sources
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