The production spend which would not have taken place without the tax reliefs, referred to as additionality was worth GBP4.1 billion to the UK economy in 2016. Each pound of tax relief provided generates a GVA return of GBP7.69 for film, GBP6.10 for high-end television and GBP4.00 for games.
The British Film Institute has laid out its funding strategy for the next five years, under the name BFI2022. The plan will invest close to GBP500 million from 2017 to 2022 in new and emerging sectors of the UK creative industry, such as non-feature length films and providing faster methods of funding for low-budget films.
Via funding that has accumulated from the National Lottery, the British Film Institute (BFI) has decided to award the Yorkshire Screen Industries Hub with a payout of GBP127,000.
The Director of the British Film Institute’s (BFI) Film Fund will make the keynote address at this year’s Film London Production Finance Market (PFM). Ben Roberts has nearly 20 years of experience in the film industry and will share his knowledge and future vision with delegates.
It’s been confirmed that the BFI will take over most of the duties formerly carried out by the UK Film Council in the British film industry. There’ll also be a 60% increase in its Lottery funding, with GBP43 million being available by 2014.
The tech industry has a history of being dominated by men, but the gender disparity is slowly changing through networking collectives and support systems, like Women in Immersive Technologies, which are affording women more opportunities in the sector. The Location Guide speaks to its members and ambassadors about how they’re pushing boundaries with their projects […]
Yesterday during the reading of the UK governments spring budget, Chancellor of the Exchequer Jeremy Hunt unveiled significant benefits for the creative industry. Amongst those, UK film and television studios will receive a 40% corporate tax relief through 2034, and independent films will receive the same percentage for qualifying projects with a budget of up […]
The official films in competition for the 2024 Berlin Film Festival have been announced. Opening with Tim Mielant’s Small Things Like These, starring Cillian Murphy, the lineup includes La Cocina from Mexican director Alonzo Ruizpalacious and From Hilde With Love from Germany’s Andreas Dresen. This year’s international jury will be headed by Lupita Nyong’o, with […]
Today at FOCUS London, the British Film Commission and VisitBritain have signed a memorandum of Understanding outlining intentions of boosting screen tourism throughout the UK. Working hand in hand with each other the tourism and screen sector find benefit in the influx of international visitors through production and recreational travel.
Screen Cornwall released their first economic impact figures reporting the local film and television industry GBP 5 million worth to the economy last year. In addition, the screen agency received a funding boost of almost GBP 400,000 driving growth for the local screen sector and extending to its outreach and talent development programme.