D.R TOURISM LURES FILM PRODUCTIONS

THE INVESTMENTS MADE TO PRODUCE A NEW FILM ARE ESTIMATED AT ABOUT USD$25M- 40M.

Lantica Media, the entertainment industry is working on developing several film productions, among them, “El Zorro”, whose production would begin later this year featuring an investment of USD$25M-40M. The production for “El Zorro” creates several job opportunities within the D.R’s film industry, whose growth has been made evident through the interest and contacts made by international producers, given the infrastructural expansion as well as the development of the tourist sector.

Assurance was given by the new Chairman of the Board to Lantica Media, Joaquín Blaya, who since 2014 works an active member. Blaya spoke alongside the new COO for Lantica Media, Fred Medina, who possesses vast trajectory within the industry after working in BBC Worldwide, HBO, A&E, among other channels. Both Blaya and Medina were recently appointed by Lantica Media for their new executive positions.

Blaya heads today the position previously led by businessman Felipe Vicini, who will remain as member of the Board, while Medina’s position was created as part of the growth projections for Lantica, which at the same time allows the company to separate administrative and commercial positions from those purely operational.

The new Chairman of the Board for Lantica Media, company comprising Pinewood Dominican Republic Studios and Lantica Pictures, said that the growing tourist sector in the D.R. is a good example of what can be expected from this operation, given that “it is fact that the D.R has become the #1 tourist hub in the Caribbean and possibly in Latin America”.

Blaya assured that with the developed infrastructures, the windows of opportunity are evident, as well as the technical facilities for the D.R to become the main core for video, in general terms, because that is what film, television and new technologies are.

Blaya hopes for the D.R to become the Latin American capital city for film and television content development aimed for worldwide distribution. Lantica is a world-class film production compound, featuring several divisions, which develops, finances and produces original content for Spanish-speaking and English-speaking viewers. Lantica is managed by TRD, co-managed by TerraRD and INICIA.

SOURCE: http://www.listindiario.com

Presentation of the study of contribution in the film industry

EL NUEVO DIARIO, SANTO DOMINGO. – The total foreign investment made in the D. R.’s film industry within the last four years has added up to USD$67Million.

The information was made public by the General Film Commissioner, Yvette Marichal, amid a luncheon hosted with financial editors and film sector impresarios, where among the attendees were also present, Mr. Carlos Rodríguez, Project Director to AIRD, Circe Almánzar also from AIRD, and Che Castellanos from ADOCINE.

Within the meeting agenda, the DGCINE Commissioner and other executives who attended the activity hosted in the 12th floor of the Torre Empresarial (*Business Tower), highlighted the valuable contribution made by the film industry to the Dominican economy after the enforcement of the Film Tax Incentives Law 108-10, which this year alone has brought in an investment surpassing USD$52Million.

They explained that back in 2014, the general contribution made by the film industry was RD$2,104Million, an amount far superior by RD$405.5Million versus the total amount of RD$1,704Million, of 2013.

All data render accounts that in 2014, this combined effect helped preserve 3,832 jobs, and generate RD$481Million in net tax revenue (this meaning of course, excluding the cost of all tax exemptions).

Likewise, the abovementioned report states that the total contribution by sub-sector employees in 2014, reached a total of 3,832 jobs, versus 2013, where job opportunities totaled at 3,444.

BY: GILBERTO HERNÁNDEZ

SOURCE: http://www.elnuevodiario.com.do

THE FILM INDUSTRY CONTRIBUTES WITH RD42,104 MILLION TO THE NATIONAL ECONOMY

The assessment by Oxford Economics, a firm contracted by AIRD and the Film Cluster, shows that the contribution made by the D.R Film Industry in terms of Gross Added Value (VAB) in 2014, surpassed by 23% those registered by 201,3 which totaled at RD$1,700 Million.

The sum, according to explanations offered to members of the Financial press, is the result of merging three impact channels: direct value from all in-house activities developed by the Film Industry, indirect activities led within the Supply Chain in the D.R., and the induced-upon effect, resulting from the expenditure of all sector employees and the supply chain altogether, hence making their salaries part of the general economy.

All data render accounts that in 2014, this combined effect helped preserve 3,832 jobs, and generate RD$481Million in net tax revenue (this meaning of course, excluding the cost of all tax exemptions).

Foreign investment keeps increasing

The incumbent from the D.R Film Commission (DGCINE) Yvette Marichal, highlighted that in 2013 foreign investments for film productions increased in 2013 by USD$1Million, in 2014, to USD$2Million dollars and in 2015, USD$12Million, and druing the first quarter of 2016 (by way of three foreign productions), the investment totaled at USD$52Million (equal to RD$2,300 Million).

SOURCE: http://www.elcaribe.com.do

FILM INDUSTRY CONTRIBUTED WITH RD$2,100 MILLION TO THE ECONOMY IN 2014.

By 2025, projections have been set by RD$7,980 Million.

SANTO DOMINGO. The D.R film industry made a total contribution by RD$2,100 Million to the Dominican economy in 2014, according to a report presented by Oxford Economics, which points out all contributions made by this sector, and offers projections for the next ten years.

Meanwhile tax exemptions for 2014, were of RD$44Million, according to the final report.

The assessment by Oxford Economics, a firm contracted by AIRD and the Film Cluster, shows that sad contribution to the Gross Added Value (VAB) of 2014, surpassed by 23% those registered by 2013, which totaled at RD$1,700 Million.

“These numbers are the sum of three impact channels: direct value of the activities led in-house by the film industry, all indirect activity within the D.R supply chain and the induced-upon effect of all expenditures generated by sector employees and the supply chain in the general consumption economy”, Rodriguez said.

The report indicates that all incentive plans and government promotion activities seem to have boosted this increase in film productions for domestic films in recent years.

“In this tenor, if a comparative analysis is developed, foreign film productions continued taking place in a more modest manner during 2011-2014, the number of domestic films which premiered went from 8 in 2012 to 20 in 2014. Of these, the majority (17, versus 3 in 2012), were entitled to tax exemption privileges”, as was revealed in the assessment report.

SOURCE: http://www.diariolibre.com

THE FILM INDUSTRY TAKES OFF

Already in the first quarter of 2016, the Film Industry recorded a significant increase in the made-in-DR investments, by USD$52M, so disclosed yesterday by executives from the Film Cluster.

The Film Industry generated revenue by over R$2,000M during the first quarter this year, which is what has cost the industry in almost five years since its take-off with the enforcement of the Film Tax Incentive Law 108-10, promoting the development of the cinematography industry.

Information was disclosed by the D.R Film Commissioner (DGCINE), Yvette Marichal, during a lunch held with financial editors, producers, financiers and the representatives of the D.R Film Cluster as well as the Nacional Competitiveness Council (CNC), and the Industries Association of the Dominican Republic (AIRD)

Carlos Rodríguez, Institutional Development Director to AIRD, said upon explaining the scope of the assessment drafted and developed by Oxford Economics, that in 2014, the film industry generated revenue by RD$2,104 million in Gross Added Value (VAD), which covers the whole of the contributions made, and allowed for the creation of 3,832 jobs as well as a overall tax payment of RD$481.2million.

He indicated that between 2013 and 2014 an increase by 23.4% was registered in VAD contributions, due to the increase in film productions, concessions, video rentals, screenings and video sales, which went from RD$1,704million to RD$2,104million. In that tenor, Antonio Gennari, CEO of Lantica Media, who participated the luncheon alongside Humberto Castellanos, CEO of ADOCINE; Andrés Van der Horst Alvarez, Executive of CNC; Circe Almánzar, VP to AIRD, and other executives from Larimar Films, as well as financiers Nassim Alemany and Carlos Despradel Jr., who said that between 2012 and 2014 the inland film production rate increased from 8 to 20 films.

Gennari stated that since the Film Tax Incentive Law was enforced, a total of 65 local productions have been developed and from there, the numbers went from 3 to 17 the total of films that abided by the tax incentive plans between 2012 and 2014.

SOURCE: http://www.listindiario.com

A Guide To Santo Domingo

When life hands you the opportunity to explore Santo Domingo, the capital of the Dominican Republic, you go. We recently sent our globetrotting friend and occasional collaborator Bianca Sotelo to experience one of the Caribbean’s oldest cities and this is what she came back with . . . 

In the middle of the Caribbean — a region perhaps us West-Coasters don’t get to often enough! — is a country rich in a quasi Latin, quasi Caribbean culture, and it is a place on the planet not to missed. Any guesses? The Dominican Republic! Discovered in 1492 by the man himself, Christopher Columbus, the DR was dubbed the first land of the “Americas”, making the country’s capital, Santo Domingo, the first city in The New Word and a pretty surreal place to explore. Beautiful Spanish style buildings that were built hundreds of years ago, colorfully painted houses with tropical plants adorning the old walls and streets oozing European charm are all found within the city’s stone walls, but more exciting is the incredible culture — deep rooted in dance, food and love. Without ever visiting before, I sure was in for a Carrib-Latin cultural awakening, and I walked away with a new found love for everything Dominican!

Santo Domingo, like other capital cities, has everything from a sprawling Downtown to a bustling China Town, but the most picturesque part of the city (besides the El Conde walkway that follows the edge of the crazy-turquoise Caribbean Sea) is Zona Colonial. This old colonial zone is home to charming homes, ancient ruins and an increasing number of boutique style hotels and acclaimed restaurants. AKA it’s a great place to plan your visit and here are some tips.

Let’s start with the food. You can’t visit a new place without experiencing the local fare. One traditional dish top of the list? Sancocho. Sancocho is a root vegetable based stew, mixed with a number of different meats and served over rice in a thick and buttery sauce, topped with fresh avocado. Yum. While hot soup might sound like the last thing you’d want to taste in the tropics, do it anyway. It might be the best meal of your entire trip. You’ll not only find yucca, a mainstay in the cuisine, in the stew, but also in a number of other local dishes, so make sure to get your fair share. Pop into a hole-in-the-wall and try a simple, yet beautiful, home-cooked style meal that usually consists of rice, plantains, yucca (boiled with onions or fried into fries!) and meat. Pair that plate with a cold Presidente beer or rum for a truly authentic experience!

SOURCE: http://honestlyyum.com/16325/a-guide-to-santo-domingo/

A Taste of Santo Domingo – Dominican Republic’s Culinary Capital

Sometimes the best part of traveling is the memories you bring home or the new foods you tried for the very first time in a foreign country. We’ve partnered with adventure, culture and smart-luxury traveler, Dr. Cacinda Maloney from the blog Points and Travel as she reflects on an unforgettable foodie tour through the colonial zone hotspot of Santo Domingo in the Dominican Republic.

Dominican Republic: Old vs. New in Immersive Gastronomy

Santo Domingo may very well be home to the oldest city in the Americas with a plethora of historic sites from the 1500’s, but its fascinating culinary scene is emerging as a trendy hotspot for international tourists. As Dominican Republic’s most cosmopolitan city, I had a chance to see the marriage of the old versus the new food culture scene. The sultry streets are filled with unique colonial-Spanish architecture, the sounds of merengue and an ever-evolving foodie scene. While there, I was able to get lost in the all-encompassing cultural experiences that Santo Domingo has to offer.

From homemade sancocho, a local staple that you can learn to cook from a Dominican chef’s cooking workshops to foie gras with dark beer jam and risotto in squid ink at Pat’s Palo Brasserie. They also served a traditional Dominican spiced goat (chivo encendido) with a pumpkin risotto that was outstanding!

Where to Stay:

(the choices are amazing!)

Billini Hotel:  You won’t be disappointed in this boutique, up-scale hotel with a rooftop bar and the views, well, they are pretty amazing!

Casas del XVI: I can honestly say, there is nothing quite like it anywhere else, making Conde Nast’s 2015 Travelers Hot List! You will feel like you are in an oasis!

SOURCE: http://www.travelocity.com/inspire/a-taste-of-santo-domingo-dominican-republics-culinary-capital

A WEEKEND GUIDE TO SANTO DOMINGO

Are you looking for a city that offers up historic charm with a modern twist? Consider taking a weekend visit to Santo Domingo, Dominican Republic, where you’ll be immersed in a unique world of Latin culture infused with international flair.  Santo Domingo is a city that is often overlooked by visitors for the likes of other D.R. beach destinations; but things are starting to heat up in this Caribbean city! International visitors from all around the world are starting to come to Santo Domingo to enjoy the “culture of old and new”, the Latin music, the upscale dining and international food, and the colorful 16th-century architecture that lines the cobblestone streets. Use this weekend guide as an inspiration to explore the lively city of Santo Domingo!

UNA GUÍA PARA PASAR UN FIN DE SEMANA EN SANTO DOMINGO

The food scene in Santo Domingo has recently been on the rise, which is great news for both locals and travelers alike. Popular chefs from all around the world are coming to this city to share their culinary expertise and knowledge, which makes for a delicious infusion of exotic and traditional flavors in the “new” Dominican cuisine. Make sure to check out some these restaurants when visiting Santo Domingo!

UNA GUÍA PARA PASAR UN FIN DE SEMANA EN SANTO DOMINGO

Casas del XVI: If you want to seriously live in the lap of luxury–i.e. 24hr butler/maid service, iPhones + iPads on loan, private swimming pools, exclusive in-room entertainment services, etc.–then look no further than the premier accommodations at Casas del XVI. This property is comprised of several houses that were bought, renovated, and redesigned to create the luxurious atmosphere that visitors can enjoy. The renovation process managed to keep the old charm of the infrastructure and marry it to the new, modern conveniences that guests are able to experience today.

SOURCE: http://www.thecitysidewalks.com/blog/a-weekend-guide-to-santo-domingo

Comforts of home

Casa de Couture

A collection of regal Spanish Colonial houses in the capital of the Dominican Republic repurposed as a decentralized resort, Casas del XVI will add a fourth home, Casa del Diseñador, or House of the Designer, this summer. With the addition of the former home of a Dominican fashion designer, the resort will grow to 12 rooms in the heart of historic Santo Domingo. Each house offers unique decor including antique furnishings and vintage maps and more modern amenities such as a swimming pool, loaner iPhones and butler service. The property’s Timeless Romance package includes two nights, breakfast in bed and one dinner for $599 per person. 855-849-6396, http://casasdelxvi.com.

Elaine Glusac is a Chicago-based freelance writer.

SOURCE:  http://www.star-telegram.com/living/indulge/indulge-getting-around/article70266252.html