The state is a major investor for the Bulgarian film industry through the National Film Centre. According to the National Film Center in 2016, the public funding for the Bulgarian film industry in 2015 was around EUR 6,750,000 (BGN 13,200,000). Other investors with a total sum of less than one million euro were the Bulgarian National Television, the National Culture Fund (support for film debuts) and the Municipality Cultural Programme of Sofia. Market funds in the budget of film projects in Bulgaria come from the prior sale of the distribution rights of a film.
The producers’ market consists mainly of micro-companies. More than 700 independent producers are registered, but less than 10% of them have managed permanent employment through winning a project.
The Bulgarian film industry had a positive eight-year dynamic for the period 2008-2015, under the observed economic indicators:
- Added value – 138.1%.
- Organisations – 94.45%.
- Increase of employed and hired personnel – 71.8% and 71.4%.
- Direct foreign investments – 81.5%.
The remarkable results also contrasted with the trends in the Bulgarian economy during part of this period: recession, decline in employment and increase in unemployment, negative economic growth at the beginning of the period 2009-2010, and an economic growth of less than 1% for the period 2011-2012.