Blighty's television sector will benefit from a tax break to encourage home-grown programs to lense in the country and attract overseas productions.
Uk Tax Credit
Blighty's government is extending the country's 25% film tax credit until the end of 2015.
Paris bank Coficine-Natixis, one of Europe's primary lenders to its film industry, is closing financing on Ari Folman's "The Congress," his follow-up to "Waltz With Bashir."
Domestic Film DAILY
PROVIDED BY: Box Office
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$1.6M Cumulative:$258.3M Disney 3.68%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$1.1M Cumulative:$150.7M Paramount Pictures -0.62%
If I Stay
If I Stay3Daily:$1.0M Cumulative:$20.6M Warner Brothers / New Line -0.71%
Other orgs inherit the Film Council's work as Blighty retains the system of tax breaks and does away with caps
The U.K. government plans to give tax breaks to the local videogames sector similar to those that benefit the film biz.
Foreign filming on British soil is booming thanks to factors like a favorable dollar/sterling exchange rate.
Any American who has spent $5 or more for a venti latte in a London branch of Starbucks will tell you that the U.K. is overpriced. But when it comes to shooting movies, British film commissioner…
Just two weeks after its last tax clampdown, the U.K. government has delivered another blow to British film producers by announcing tough new limits on the amount of money they can raise under…
The British film industry is going to get a lot more British, and a whole lot less international, if the U.K. government gets its way. The government has proposed a complex regime of production tax…
The U.K. government has proposed a new system of film tax credits designed to boost British talent and production companies while also attracting Hollywood pics to shoot in the U.K.