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Creative Capital Report - Irish Film Board

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Unlocking the Potential<br />

24<br />

Format Creation<br />

The creation of original television content can lead to format opportunities<br />

in the international television market. Several production companies have<br />

seized these opportunities both in the import of formats and in the export of<br />

formats. According to figures from the UK trade association for producers PACT,<br />

international sales of UK format series earned a record £1.34bn for the British<br />

economy in 2009. In the same period revenues from foreign rights to formats<br />

increased by 25% to £119m.<br />

World Class Talent<br />

Ireland has a strong talent base. We have major international acting stars, and<br />

also highly talented individuals who are winning Oscars®, Emmys and other<br />

awards for creative and production excellence. Talent nurturing is key to industry<br />

policy.<br />

Animation<br />

<strong>Irish</strong> animation has achieved significant international recognition. The sector has<br />

proven to be highly creative and has delivered high value employment. It has also<br />

achieved high export growth. The skills in this area are also transferable to other<br />

sectors with similar export growth potential including gaming.<br />

Computer Generated Imagery (CGI) and<br />

Special Effects (SFX)<br />

As production processes become more digitised the post production industry has<br />

become more central to digital production and is poised to be the engine of visual<br />

effects and high-end CGI. Post-production is a nexus of talent and technology.<br />

Digital production will be a significant growth area.<br />

The Games Industry<br />

The video gaming industry in Ireland is forecast to grow by 7% annually to<br />

a national value of almost US$647 million by 2014 10 . Ireland has become an<br />

attractive location for the games industry. Companies located here include Jolt,<br />

10 Pricewaterhouse Coopers (2010), Global Entertainment and Media Outlook, 2010 - 2014

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