London’s Production Finance Market Tweaks Structure, Reveals Dates (EXCLUSIVE)

Film London’s Production Finance Market, which connects film producers with financiers, has said it will make structural changes and has announced its 2016 dates.

The 10th edition of the U.K.’s only film finance market will run Oct. 11-13. The event, which is staged in association with the BFI London Film Festival, is open to producers seeking to pitch projects budgeted at €1million ($1.13 million) and above to financiers.

Last year’s PFM attracted projects with a collective production value of over €264 million ($298 million), and since its inception over 80 projects have been completed. This year’s event aims to connect more than 80 producers with as many financiers, and is set to facilitate more than 1,500 meetings.

This year sees Micro Market, PFM’s strand for films budgeted up to €1 million ($1.13 million), fully integrated within the PFM program, “offering greater business and networking opportunities than ever before.” Micro Market also broadens its international reach and is seeking to ensure 50% of producers and financiers in attendance come from mainland Europe.

This offers filmmakers “the opportunity to build relationships with financiers, distributors and sales agents,” but also provides them with “an invaluable package of training and mentoring in the run-up to the event, covering everything from script and budget advice through to guidance on how to make the perfect pitch.”

Films securing funding via PFM include “The Human Capital,” “The Future,” “Ginger & Rosa” and “The Last Station,” while films to benefit from PFM’s Micro Market strand include “Daphne,” “Man From Unkle,” “Departure” and “Dartmoor Killing.”

Adrian Wootton, chief executive of Film London and the British Film Commission, said: “For 10 years the PFM has been forging connections between those with great ideas and those with the ability to bring them to the big screen. Every year we seek to improve the experience and make it even more valuable for filmmakers and financiers, and 2016 is set to be no different.

“From streamlining the online application process and working with a wide range of high-profile international partners to opening Micro Market up more fully to mainland Europe and providing more networking opportunities than ever before, this year’s PFM is set to be a standout.

“As ever the application process is sure to be extremely competitive, so I advise filmmakers and financiers alike to work hard to hone those applications for the U.K.’s one and only finance market.”

PFM is supported by Creative Europe, the Mayor of London, Creative Skillset, BFI and U.K. Trade and Investment. The market is sponsored by Air New Zealand, Compact and Schedule 2.

The PFM has partnerships with the Rome Film Festival’s New Cinema Network, the Melbourne Film Festival’s 37º South Market, the Ile de France Film Commission, the Toronto Film Festival’s International Financing Forum, the Nordic Co-Production Market at the Norwegian Film Festival in Haugesund and the Trieste Film Festival’s co-production market When East Meets West.

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