Finance maven Glowinski produces 22h22

European film financing specialist Leonard Glowinski is founding 22h22, a Paris-based film fund becoming a consultant. Playing off Glowinski's co-production, tax and incentive expertise, 22h22 looks likely to end up associated with Euro tentpoles, additionally to large-budget U.S. movies being made round the region. Glowinski was Pathe's mind of economic matters and worldwide production from 1999 to 2009 before moving to Studiocanal as mind of French and European productions. Continuing to move forward, 22h22 will speak with Studiocanal, Glowinski mentioned. Film bankers frequently know their unique territory perfectly. Glowinski's history at a few Europe's finest production companies gives him an intimate knowledge of finance, key players -- producers, entrepreneurs, TV professionals, lawyers -- and rules in Europe's giant movie nations. At Pathe, he setup Oliver Stone's apparently 180 million ($236 million) "Alexander the truly amazingInch just like a France-German-U.K.-Netherlands co-production. That handled to obtain qualified for German tax incentives, U.K. tax credits and triggered pay and free-to-air TV pre-sales. Glowinski also aided structure the Joel Silver-produced "Unknown" just like a Euro co-production, and structured "Mess Tailor Soldier Spy" just like a U.K.-France-Germany co-production. Beginning Feb. 29, 22h22 aims to handle a crunch for your independent industry all over the world: the increase of production and marketing costs combined with decline of classic revenue steams -- DVD, TV -- forcing producers to optimize financing to reduce risk. There's however an upside, Glowinski mentioned. "Subsidies and tax incentives are distributing over Europe, co-production is showing increasingly more financially effective and alternative financing arrangement are growing." 22h22 will advise producers, Glowinski mentioned. Its services include running the amounts on financing for films, handling discussions with municipality physiques, and counseling on selecting a and discussions with distribution and co-production partners. Glowinski could envisage taking an connect producer credit on the couple of from the movies he produces. 22h22 will tap worldwide finance for French movies. However, Glowinski also aims to produce more worldwide productions to Europe, he mentioned, adding he works mainly from Europe and also the U . s . States. Another step should be to ally getting a sales company, he added. On British-language movies that become qualified as French productions, French subsidies are "much less interesting," per Glowinski. French nationality can, however, enhance the requirement for TV pre-sales, while vfx be employed in Paris on non-French films qualifies for France's Tax Rebate for Intl. Production. The title from the organization, 22h22, does not have particular significance, Glowinski mentioned. "But everybody, wherever they are offered from, can realize it.In . Contact the number newsroom at news@variety.com