Caribbean Business reports on the aggressive incentives offered by the Puerto Rico Film Commission to attract filmmakers to the island.
Producers are currently in Puerto Rico scouting sites for a biopic on Panamanian prizefighter Roberto “Hands of Stone” Durán. The movie will star Mexican actor Gael García Bernal in the title role, with Hollywood heavyweight Robert de Niro reportedly signed on to play Ray Arcel, Durán’s trainer. Pop singer Usher will reportedly play Durán’s ring nemesis Sugar Ray Leonard.
Rosi Acosta, of the local production firm KCPR, said that the film “Hands of Stone” will be made in Puerto Rico because of the “versatility of locations that allow any Latin American country to be recreated.” The project will be boosted by the incentives from the Puerto Rico Film Commission and provide the island with an estimated $16 million economic infusion, according to Acosta.
Meanwhile, Justine Timberlake and Ben Affleck have reportedly signed on to shoot a new poker film in Puerto Rico titled “Runner, Runner.” The drama, written by ‘Rounders’ screenwriters Brian Koppelmann and David Levien, centers on the world of online poker. Leonardo DiCaprio’s production company, Appian Way Productions, is developing “Runner, Runner,” with shooting scheduled to start in June in Puerto Rico for a 2013 release.
Puerto Rico’s aggressive incentives, solid infrastructure and sound legal protections are continuing to pay off in the effort to grab film industry attention. [. . .] Puerto Rico’s new Film Industry Economic Incentives Law improves on the current available incentives to increase the number of film projects produced in Puerto Rico. It is aimed, at least in part, to keep the island ahead of competitors such as the Dominican Republic, which has upgraded its own set of economic lures.
[. . .] Since 1999, more than 60 productions have taken advantage of incentive programs in Puerto Rico for film and creative services, including recent big-budget films such as “Pirates of the Caribbean 4,” “Fast Five” and “The Rum Diary.”
Pérez has said the island’s incentives package isn’t the only draw, noting that producers like that Puerto Rico is a U.S. territory, where the currency is the American dollar, and U.S. citizens don’t need a worker’s visa or a passport.
Leading industry publication Variety has trumpeted Puerto Rico’s varied settings, noting that the island has stood in for Iraq, Vietnam, Spain, Brazil, Cuba and various other “far-flung places” as filmmakers increasingly look to the island for its diverse backdrops and talented local crews.
[Many thanks to Caroline Ferrandino for bringing this item to our attention.]
For full article, see http://www.caribbeanbusinesspr.com/news03.php?nt_id=70528&ct_id=1&ct_name=1