FULL CIRCLE: UK Government Hands Control Of Film Funding Back To BFI

Britain’s Culture Ministry just handed leadership of the industry back to the British Film Institute. The organisation will take control of and devise strategy for £15 million (£23 million) of lottery funding each year, and administer the £100 million tax incentive. Ex-BBC boss and now BFI boss Greg Dyke  was understandably ecstatic. He immediately announced that the BFI hopes to increase lottery funding for film to £18 million in 2011/2012 – an increase of 20%. Dyke told me the BFI will take over movie funding in April next year. “This decision is a great vote of confidence in the BFI. It is a bold move to create a single champion for film in the UK and we welcome it. We want to achieve greater coherence across the whole film sector and to strike a balance between cultural and commercial. We see an opportunity to reduce overhead costs which in turn will allow us to put more of the lottery funds into frontline activities.”

The culture minister underlined that the film tax credit – so crucial for attracting U.S. investment — is here to stay. Overseas filmmakers injected £780 million into the British economy last year. Vaizey said: “Some people think there are two British film industries — one indigenous and the other supporting big American movies. I don’t agree. Hollywood investment promotes both British characters and British storytelling.”

Film London will take over promoting the UK as a moviemaking destination from the British Film Commission. Vaizey called this a “public/private partnership” – in short, the government is asking the private sector to cough up if it wants an office whose job it is to attract Hollywood to Britain. Studios such as Pinewood Shepperton and VFX houses such as Framestore would, after all, have the most to gain.

And Film London and BFI will also work with BAFTA and BBC Worldwide on how to increase the number of UK films being released abroad – the role which Unifrance performs for the French film industry. The organisations will also showcase the work of British filmmakers in Hollywood. The BBC already runs showcases in China and in Latin America.

Vaizey also announced he was setting up a ministerial roundtable that will meet every 6 months to address film industry problems.

Vaizey said he would consider proposals from industry organisations such as the British Screen Advisory Council and the Producers Alliance for Cinema and Television to help create “a sustainable film industry”. Vaizey expects to implement these proposals by spring 2012. What was interesting was that he used the word “sustainable”. This phrase has become a shibboleth for British film policy makers. Creating a sustainable British film industry was the original mission statement of the UK Film Council – until it quietly dropped it as unworkable. “The ‘sustainable’ word is back,” Dyke observes. “The Film Council wanted to do it but they just couldn’t live with it.”

Today’s announcement from a Tory government was surprisingly well-received by the traditionally left-of-centre British film industry. It was amusing to see the jockeying for position already within this new world order. It was almost as if the UK Film Council had never existed. How quickly the waters close over one’s head. “There’s an irony in that a year ago the government was forcing the BFI to merge with the Film Council,” Dyke tells me. “Fine, we said, but it’s got to be on the right terms. Today we got those terms.” Read More »

Comments (6)

Wallace & Gromit Toon Profits Fall By 56%

By | Sunday October 10, 2010 @ 9:25pm PDT

Aardman, the animation company which makes the Oscar-winning cartoon duo, saw its profits fall from £1,061,408 to £469,243 ($747,826) in 2009. But at least it made a profit, Aardman stresses. It was reported here over the weekend that the company … Read More »

Comments (5)

Matthew Vaughn’s UK-Hollywood Film Plan

By | Saturday August 28, 2010 @ 1:04pm PDT

This is exclusive to Deadline and updates Director Matthew Vaughn Pitches Film Fund That’s “Win/Win For Britain And Hollywood”:

PROPOSAL FOR A UK GOVERNMENT FILM FUND

Introduction
This paper sets out the rationale for creating a UK Government film fund using

Read More »

Comments (17)

Vaughn Pitches UK-Hollywood Film Fund

Details Of Matthew Vaughn’s UK-Hollywood Film Plan

Hollywood studios have a long history of shooting blockbusters in England. For instance, Britain’s Pinewood Shepperton has been the location of choice for big Hollywood blockbusters like … Read More »

Comments (9)