UK Film Financing Benefits from New Programs
The UK Film Council has released a new funding policy for the next three years until March 2010. The policy includes the creation of five new funding projects that are designed to increase public access to films through the increased funding of film festivals and more access to the country’s film history.
For example, the equivalent of $3 million dollars per year will be granted to the UK Film Festivals Fund with the aim to not only increase the number of film festivals, but also improve upon the already existing festivals to provide greater access to a diversity of worldwide cinema.
The UK Digital Film Archives Fund will grant $2 million dollars per year while the Partnership Challenge Fund will also be granted $2 million dollars per year in order to increase funding partnerships to provide more public awareness about film funding. Specifically, the Partnership Challenge Fund targets the promotion of media literacy, film access, cinema capital funding, and London 2012 Olympics film-related initiatives.
In addition, the Digitization and Marketing Fund will receive $4 million dollars per year; this money will go to boosting marketing expenditures in order to increase theatrical and online film distribution.
This new funding policy has the hopes of smoothly transitioning the UK film industry into the Digital Age.
Get more information about these new film promotional policies from the following link:
http://northernfilmnetwork.wordpress.com/2007/05/11/uk-film-council-sets-out-funding-plans-to-2010/
Contributed by Christina Chen,
UC Berkeley student
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