A consortium of privateinvestors will break ground in January on a new production facility in
Financed through privateequity and bank capital, the Bulgarian Film and
The total investment is inthe neighbourhood of $4.4m (Euros 3.5m), Roth said. Investors hope the facilitywill be operational next summer.
Roth is managing director ofUFO LLC, which has serviced 36 Bulgarian shoots since 2000, including Behind Enemy Lines: Axis of Evil forTwentieth Century Fox. The Bulgarian Unified Film Organization (BUFO), UFO'sBulgarian operation, has reserved 25 percent of the capacity at the newfacilities.
BUFO is in the midst of aslate of productions for Universal and has 12 films slated for the near future,primarily for Universal Television and the Sci-Fi Channel. "They're allnegative pick-ups," Roth said. "We're doing a lot of shows in the under-$5m range,which are primarily straight-to-television or straight-to-video."
"We're seeing a lot moremovies which are straight-to-video sequels. They're all looking to raise thestandard, not to damage the franchise, and to do that they come out here to