€5 mln for Olivewood this year

The Finance Ministry has earmarked €5 mln for the Olivewood incentive scheme designed to promote Cyprus’ revamped audiovisual sector for big movie studios to sprinkle more Hollywood magic. According to the 2023


More Hollywood glitter for Olivewood

Olivewood, Cyprus’ rebranded audiovisual industry, is again under the spotlight as yet another multi-million production aims to hit cinemas in early 2023 in a reputation boost. The film The Islander, starring Agni


Olivewood gets vote of confidence

Olivewood, Cyprus’ rebranded audiovisual industry, was cast a vote of confidence from big film studios, attracting major productions with award-winning actors to begin filming this month. Shaking off the nightmare after Hollywood


The Dark Side of Olivewood

We recently read an article published on November 7 in the Financial Mirror (Olivewood trying to reinvent itself) about the Cyprus filming plan, although interesting, was far from the truth. You can


Olivewood dream turns to nightmare

Hollywood producers of Jiu Jitsu filmed entirely in Cyprus in 2019, starring Oscar winner Nicolas Cage, are suing the Cyprus government for not keeping its end of the bargain in a rebate

Olivewood dream turns ugly

Cyprus’ audiovisual industry, dubbed Olivewood, has tarnished its reputation, as producers of a Hollywood production take the government to court for not fulfilling its €8.5 mln rebate obligations. Hollywood producers of Jiu


Olivewood to make screen debut

Cyprus’ attempt to become a film destination for world-class cinema is about to bear fruit as two productions with a Hollywood influence will be released in the coming months. Oscar-winner Nicolas Cage