Broadcast News

Bookmark and Share
05/11/2003

'Root-and-branch review' of film co-production considered

The government have launched a "root-and-branch review" of international film co-production treaties in a bid to ensure they are bringing real cultural and economic benefits to the UK.
The review, which will be jointly carried out by the DCMS and Film Council, will look at how the existing treaties are working and explore the potential for new ones.
To kick the process off the government have published updated guidelines clarifying the criteria international co-productions - films made by two or more countries - must meet to gain British certification, which enables them to apply for film tax relief.
The updated guidelines, which are supported by the UK Film Council and producers body PACT, will help cut down on abuse of the system.
Films Minister Estelle Morris also announced that from now on a minimum 40% of the film budget in any bilateral UK/Canada co-production must be spent in the UK - up from 20%. This addresses a current imbalance and has been agreed by the Canadian authorities.
Estelle Morris said: "Co-production is central to the future of the British film industry and the UK can lead the way.
"But it is a two-way deal. Co-productions and the associated tax breaks must lead to more jobs in film in this country and more work for our film making facilities. I am determined to ensure the right people are reaping the benefits and we will be monitoring the system to ensure just that."
Co-production has been an important part of the expansion of the UK film industry over the last decade. In the early 1990's approximately 20 co-productions were made each year. This year will see around 200 UK co-productions.
Films qualify as British if either 70% of the budget is spent in the UK or through co-production agreements. The UK has agreed bi-lateral film co-production treaties with Australia, Canada, France, Germany, Italy, New Zealand and Norway. The European Convention on Cinematic Co-Production also puts in place agreements between the UK and 30 other European countries.
(gmcg)
VMI.TV Ltd

Top Related Stories
Click here for the latest broadcast news stories.

03/05/2023
Short List For The British Soap Awards Officially Opens
ITV has announced that the short list for The British Soap Awards has officially opened. The awards will be returning to ITV1 and ITVX in June 2023. T
17/02/2023
Broadcast Solutions Appoints Sales Manager For The CIS Countries
Broadcast Solutions has appointed Alexander Bogatkin as Sales Manager for the CIS countries. As of February 2023, Alexander Bogatkin is taking care of
17/06/2005
UK Film Council welcomes 'MOT' role for UK film production
The UK Film Council has welcomed the announcement of a ‘stocktake’ of film policy by Minister for Creative Industries, James Purnell, in a bid to see
07/12/2006
Boost For UK Film Production As Colin Brown Is Appointed British Film Commissioner
The UK Film Council have recently announced the appointment of Colin Brown as British Film Commissioner. Brown, who recently stepped down as Chairman
23/03/2006
UK Film Council welcomes new tax relief system for British film industry
The UK Film Council has welcomed the Government’s new tax relief system for the British film industry, which it says will help to consolidate its posi
24/02/2005
BBC joins forces with UK Film Council to showcase best of British short film
The BBC, in partnership with the UK Film Council, has launched the Film Network, a pilot website designed to showcase the best of British independent
08/06/2010
UK Film Industry Substantial, Report Says
The UK film industry contributes a total of over £4.5 billion a year to UK GDP and more than £1.2 billion to the Exchequer, according to an independen
18/06/2012
UK Film Industry To Be Represented At The Association Of Film Commissioners
International (AFCI) Locations Show taking place in LA on 15-16 June. Promoting the UK as a world-class filming destination for film and TV production
01/04/2010
UK Film Council Launches New £15M Film Fund
The UK Film Council have today published a three year plan to launch a new £15m Film Fund. In developing the final plan, the Council spent three month
30/10/2008
Film Tax Relief Supporting UK Film Industry
New figures showing the success of the UK Government's film tax relief were published this week by Financial Secretary to the Treasury, Stephen Timms.
22/10/2007
UK film Council Awarded £25 Million To Safeguard Nation And Regional Film Archives
As the curtain opens on the Times BFI 51st London Film Festival, Culture Secretary James Purnell has announced that the UK Film Council (UKFC) has bee
22/02/2007
Film Trio Get Lottery Funding From UK Film Council
Animation, comedy and horror film scripts from first-time writers to established talent characterise new National Lottery awards made to new British f
29/11/2006
Film Minister Welcomes Approval For Revised UK Film Tax Incentive Scheme
Film Minister Shaun Woodward has welcomed the European Commission approval of the United Kingdom’s film tax incentive scheme on the basis of EC Treaty
01/09/2006
UK Film Council Supports Rembrandt Film 'Nightwatching'
Peter Greenaway, the prolific and critically acclaimed filmmaker is about to embark on a journey to explore how and why Rembrandt’s most famous painti
07/03/2006
UK Film Council to sponsor RIMA film category
The UK Film Council is sponsoring the film category for the Commission for Racial Equality's Race in the Media Awards (RIMA). Now in its second year,