Puregold CinePanalo expands beyond funding to build film ecosystem

Insider Spotlight

  • Puregold strengthens the filmmaking ecosystem
  • CMB boosts rental grants to P1.25 million
  • Support now spans funding, gear and exhibition


Puregold CinePanalo is widening its support for Philippine independent filmmakers beyond production funding, strengthening what has become a broader ecosystem that spans financing, equipment access and theatrical exhibition.

In a joint release, Puregold CinePanalo and CMB Film Services said they have renewed their partnership for the 2026 festival, with the equipment provider increasing its rental grant for each full-length filmmaker to P1.25 million from P1 million last year. 

The package includes access to professional cameras, lenses, lighting, grip equipment and other production tools tailored to each project's production requirements.

Why it matters

The expanded equipment support signals that Puregold CinePanalo is investing not only in getting films made but also in improving how they are made. 

For independent productions, access to professional equipment can significantly reduce production costs while raising technical standards, complementing the festival's existing production grants and guaranteed cinema screenings.

"For the past two years, the Puregold CinePanalo has been a major catalyst in the production of top tier, internationally acclaimed films made right here in the Philippines," CMB Film Services president Jim Baltazar said in a statement. 

"At CMB, we seek to empower the filmmakers of the Puregold CinePanalo by providing financial support and access to our world class equipment offerings. This will ensure the Puregold CinePanalo line up continues to raise the standard of excellence in both the local and international cinematic community."

Rather than limiting support to cash assistance, the festival now offers filmmakers a combination of funding, production resources and commercial exhibition—a model that mirrors the different stages of film development from production to audience release.

Executives from Puregold CinePanalo and CMB Film Services renew their partnership for the 2026 Puregold CinePanalo Film Festival. From left are Puregold CinePanalo festival director Chris Cahilig, CMB Film Services president Jim Baltazar, and Puregold CinePanalo festival chair Ivy Hayagan-Piedad. | Contributed photo

The bigger picture

The latest enhancement follows Puregold CinePanalo's continued expansion since its launch, with the festival increasing production grants, maintaining full creative freedom for filmmakers and partnering with exhibitors to bring completed films to wider audiences.

"We strive to make this upcoming Puregold CinePanalo the biggest and most notable year in the festival's history," Puregold senior marketing manager and festival chair Ivy Hayagan-Piedad said. 

Jim Baltazar
CMB Film Services president

"Together with CMB, we have provided our filmmakers the grandest opportunity to realize their dream projects. Higher production grants, higher rental grants, full creative freedom, all these things together makes the 2026 Puregold CinePanalo a landmark occasion for culture and local cinema."

The 2026 full-length lineup includes Joseph Abello's WantawsanBC Amparado's Mono No AwareThop Nazareno's Apol of my AiCarl Papa and Ian Pangilinan's Patay Gutom (Dead Hungry)Lawrence Fajardo's BeastMikko Baldoza's Stuck on You, and Rodina Singh's Multwoh (Patay na Patay Sa'yo). The films will be screened at Gateway Cineplex 18 and select Ayala Cinemas in 2026. —Princess Daisy C. Ominga| Ed: Corrie S. Narisma

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