Pact 
U.K. producers are in discussions with the government to extend the £500 million ($664.6 million) COVID-19 insurance scheme for Film & TV production.As first reported by Broadcast, producers are seeking to extend the deadline by six months, to June 2021. U.K. producers' body Pact is currently gathering information to support the extension, which will be presented to the country's Department for Digital, Culture, Media & Sport (DCMS), the government body in charge."It has not yet been agreed by government, we...
Pact
John
McVay
CEO
McVay has a well-deserved reputation as a powerful, skilled champion of the £3 billion ($3.9 billion) U.K. independent production sector. Early on in his near-20-year stint as head of producers trade body Pact, he helped lay that groundwork by securing U.K. government approval for indies to hold onto program rights. McVay’s advocacy has been on full display during the COVID-19 pandemic, with the company playing a pivotal role in drawing up safe production guidelines and leading a task force that persuaded officials to set up a £500 million ($656 million) insurance fund for productions, though the necessary approval from the European Union was still pending. The Scottish McVay received an OBE (Order of the British Empire) last year for services to the media and creative industries, appearing at Buckingham Palace in his kilt to receive the honor.
