VAF to lose €734,000 funding — cuts hit Media and Game funds, not Film Fund
VAF to lose €734,000 funding — cuts hit Media and Game funds, not Film Fund

VAF moet komende jaren bijna 740.000 euro inleveren: "Geen besparing op Filmfonds, wel op Media- en Gamefonds" | VRT NWS: nieuws

Summary:
VAF will lose €734,000 in funding, affecting its Media and Game funds while Film Fund allocations remain unchanged. The cut represents about 10% of the roughly €7 million annual Flemish dotations the fund has received in recent years.
An additional €169,000 from the Education cabinet for the Game Fund may also be removed, further reducing support for games. VAF and the minister’s office are in discussions amid a difficult regional budgetary situation.
The Flemish government expects the expanded audiovisual stimulation scheme, which forces media companies active in Belgium to subsidise Belgian media—which now includes videoplatforms like YouTube, Instagram and TikTok—to partly compensate. The minister says the new scheme will yield €26 million extra for the sector, with over €11 million earmarked for VAF.