Brazil's Congress considers new investment quota for streaming services to boost film industry

Brazil's Congress may soon approve a new investment quota for global streaming services, potentially directing R$700 million-R$800 million ($122 million-$140 million) towards independent Brazilian films and series. This marks a significant increase in funding for the industry. Several São Paulo companies are showcasing their work at the Berlin Film Festival, highlighting Brazil's growing presence in international cinema. Notable productions include "The Best Mother in the World" and "Suture," reflecting the diverse storytelling emerging from the region. Producers like Fabiano Gullane and Boutique Filmes are expanding their international collaborations. They aim to enhance Brazil's film industry and reach wider audiences, building on previous successes like "I’m Still Here" and "Senna."