Dame Caroline Dinenage, Chair of the UK House of Commons Culture, Media and Sport Committee, has expressed her satisfaction regarding announcements in the Budget relating to tax relief for the UK film industry and support for the National Theatre. “Today’s announcements are a shot in the arm for our film industry and will help give […]
Responding to the Budget Statement from the Chancellor of the Exchequer, Adrian Wootton OBE, Chief Executive of the British Film Commission, the UK Government’s national organisation responsible for international film and television production in the UK, said the announcements demonstrated “timely and welcome action” by Government, which would “significantly boost the UK’s world-class film and […]
Tata Communications has opened a new production and delivery facility in Los Angeles – an investment that will it says will support the future development of its services and business growth. The facility, named The Switch @ Victory, bolsters Tata Communications’ ability to serve a growing number of live content customers anywhere, anytime, with end-to-end […]
BBC Studios (BBCS) has upped its borrowing capacity to £600 million (€700m) this year as it looks to increase investment in UK and international programming. It comes quickly after BBCS acquired ITV Studios’ stake in streaming service Britbox for £255 million. The company’s borrowing facility had stood at just £350 million in 2022 but will […]
In today’s [March 6th] Budget announcement, The Chancellor Jeremy Hunt has confirmed a 40 per cent relief on business rates for film and TV studios, for a ten-year period. Sky Group CEO, Dana Strong, has welcomed the news, outlining how it provides a stable foundation for the investments of tomorrow in the UK, such as […]
ITV has revealed the five companies that have been matched with one of the broadcaster’s commissioners and given funding to pitch to a brief, as part of Amplify: The Regions – a new development initiative being piloted by ITV in the nations and regions. The five companies are: Afro-Mic Productions, Blazing Griffin, Bowled Over, Drummer […]
Former HBO Europe executives Johnathan Young and Ioanina Pavel have launched production company May One, a creative hub to produce television drama in Romania for local and international audiences. Based in Bucharest, the company will develop, produce and provide creative partnership for series shot in Romania, working with established and new talent from both within and […]
UK broadcast regulator Ofcom has set out its plans for putting the Media Bill into practice, once it becomes law. The Bill represents the first major update to media legislation for 20 years. It takes forward many of Ofcom’s recommendations to deliver a stronger system of public service media fit for the digital age, following […]
Tyler Perry, the US film and TV entrepreneur, has paused the $800 million expansion of his Atlanta studio complex after the release of OpenAI’s video generator Sora and warned that “a lot of jobs” in the film industry will be lost to artificial intelligence. Perry said he had been in the process of adding 12 […]
Former Reef Television CEO, Richard Farmbrough, has partnered with Executive Producer Owen Rodd to create Somersault Studio, a new indie production company with bases in London and Cardiff, creating factual content for broadcasters, streamers, brands and the podcast market. Farmbrough and Rodd share a background in factual content. Farmbrough launched and ran Reef Television for 15 years […]