Sydney Film Fest gets $1.8 million funding

MUMBAI: The Sydney Film Festival has received funding of nearly $1.8 million in order to help it compete with the like of Cannes and Venice Film Festivals.


According to media reports, a new $60,000 prize has been declared for the best director or producer to be selected by the jury and presented at a red carpet gala dinner.


Academy Award-winning director George Miller (Happy Feet) and NSW Arts Minister Frank Sartor announced the $1.8 million funding over four years for the Sydney Film Festival.


The Sydney Film Festival, which began in 1954 is one of the world’s oldest film festivals. Miller was reported as saying that if Sydney built up a reputation as a city with a vital artistic community, some of the biggest movie stars in the world would turn out to enjoy all it has to offer.


The competition section of the festival will be made open to fiction films from all countries, and the winner will be chosen from 12 finalists.