Special: Recently, an attempt to persuade the UK Department of Culture (DCMS) to extend the 500 million yen (6,680 million) insurance withdrawal period this week beyond April 30, the Covenant’s CEO along with the scenes led by major broadcasters and independent groups was behind. Once the setback is over, John McQuee’s warning game can be turned off.
As DCMS prepares to issue a press release immediately announcing the end of what is officially called the plan to restart film and television production, it understands that several crisis meetings have taken place between industry stakeholders and government officials in recent days.
Major broadcasters like the BBC and ITV, as well as senior Indian executives including McVay from Pact, argue that commercial insurers are reluctant to return to the market and insure programs related to Covid coverage, so the loss of backup will have a major impact on production. .
As the deadline was announced last month, the UK government is “overseeing” what action will be needed to help commercial insurers return to the market once the plan is complete, but at a recent meeting yesterday, attendees said these insurers are now accepted. No return. At least until September.
One of the sources present described the situation as “cluster”.
“The head of the British government is buried in the ground,” they added. They say we are at the stage of ‘living with Covid’, but we are not aware that there is a complete failure in the manufacturing insurance market,” he said.
Another source said broadcasters and Indians were “desperately” trying to delay the completion of the plan, even though it has been delayed three times in the past 18 months.
That’s why broadcasters and Indians are calling for a transition period from now until September, but they’re afraid of the worse.
A DCMS spokesperson told Deadline that the government will not delay the plan’s end date.
“It was clear to us that the plan would not continue, but we will continue to grow industries and continue to monitor the need for further action after discussions with insurers and industry.”
“Our plan to relaunch Film and TV has helped our premium display industry continue to thrive despite the enormous challenges posed by the pandemic.”
McQuee told Deadline that there was a real risk of production being halted.
“To avoid this scenario, we are facilitating a transition where it will be possible to create sufficient opportunities to provide commercial insurance for any production that needs it.”
The plan to restart film and television production has been helping cameras since summer 2020 to record more than 1,100 products by the final issue and support programs including: Peaky Blinders AND Intermediate murders. It pays 20% of its budget if the show is delayed due to covid-19, and 70% if it leaves, inspiring similar measures in regions like France.
Source: Deadline
Lloyd Grunewald is an author at “The Fashion Vibes”. He is a talented writer who focuses on bringing the latest entertainment-related news to his readers. With a deep understanding of the entertainment industry and a passion for writing, Lloyd delivers engaging articles that keep his readers informed and entertained.
