Broadcast News

Bookmark and Share
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 months consulting on the proposals, engaging with hundreds of people from across the film sector, facilitating more than a dozen consultation sessions and attracting almost 1,000 responses.
The plan specifically:
  • Opens up for business a £15m-a-year Film Fund (topped up further by film recoupment) for emerging, experimental and world class filmmakers
  • Ring-fences money for development
  • Confirms production companies will for the first time automatically receive a significant share of the UK Film Council’s recoupment from all feature film investments they are involved in, following State Aid approval of the measure by the European Commission
  • Sets up a think tank chaired by Tim Bevan to identify new policy initiatives to grow independent UK film companies of scale
  • Proposes a national web-based talent showcase, to be launched in autumn 2010, to unearth fresh talent and to broaden the diversity, reach and the opportunities available to all filmmakers who are keen to engage with one another in a national filmmaking community
  • Confirms £5m is allocated to the new Innovation Fund, which will launch in autumn 2010
  • Provides £500,000 for film exports for each year of the plan
  • Confirms that 100% of recoupment from the Prints & Advertising Fund - which widens and supports the distribution of selected specialised films and British films - will, like the Film Fund, top up that fund’s budget
Alongside this plan, the DCMS have been leading merger discussions between the UK Film Council and the BFI. These discussions have been underway since August 2009 and are continuing.
Launching UK Film: Digital innovation and creative excellence, Tim Bevan CBE, Chairman of the UK Film Council, said: "We’ve set out a renewed mission, a new set of priorities, and a new way of working. With the right level of support, a successful British film industry can continue to help get the UK out of recession, drive innovation and create more highly-skilled jobs. Further tough choices probably lie ahead, but having reduced our overheads by 20% and positively responded to the needs of British filmmakers we’re now in the best place we can be to support and promote UK film in the years ahead."
(BMcN/GK)
Solidmate Ltd Memory Card Hire London

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

29/06/2017
Future Film Skills – An Action Plan
The BFI has launched Future Film Skills – An Action Plan at the House of Commons alongside the Culture Secretary, Karen Bradley, and producer Barbara
17/11/2009
Film Council 'To Steer Film Through Recession'
The UK Film Council has launched a three-month public consultation into the most significant revision of its activities since it was created in 2000.
12/04/2010
British Film Gets Major Boost
The UK Film Council has launched a new £15m film fund to champion British filmmakers. As part of its three-year plan, launched at the beginning of Apr
10/05/2007
UK Film Council Announce Funding And Policy Priorities
The UK Film Council published its new funding and policy priorities from April 2007 – March 2010. The document, Film in the Digital Age, includes the
17/11/2017
UK Studios: An International Success Story
It has often been said that Hollywood is the most recognisable film industry in the world, with hundreds of movies and television series generated eve
02/11/2007
Film Festivals Receive Boost From UK Lottery
Film festivals across the UK will be part of a new £4.5 million drive to raise the profile of British film and give people of all ages and backgrounds
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
20/03/2007
London Celebrates Local Film-making Talent
ITV Local London, ITV’s regional broadband TV service in the London area, is entering into a partnership with Film London, in order to raise the profi
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
15/04/2013
BFI Announces New Film Training
The British Film Institute has announced that new organisation Film Nation UK will deliver a film education programme for 5-19 year-olds from Septembe
24/07/2007
Film Industry Contribution To UK GDP Up 39% In 2006
The UK film industry contributed £4.3 billion to UK GDP in 2006, up from £3.1 billion in 2004, a 39% increase in two years according to an independent
10/02/2010
Film Council Appoint Fund Boss
The UK Film Council has just announced that Tanya Seghatchian is to be head of its new Film Fund. The new role will see Ms Seghatchian heading up a si
04/06/2003
Film Council's Development Fund invests in UK film companies
The Film Council Development Fund is to renew its commitment to three slate deals set up last year to invest in production companies and their project
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
22/02/2006
BBC and UK Film Council announce new film partnership
The BBC and the UK Film Council - two of the biggest stakeholders in British film - have joined forces to put film and broadcasting at the centre of a