Despite heavy pressure, the UK government has confirmed the closure of a 500.5 billion ($ 657 million) film and TV production restart program by the end of the month.
The Department of Culture (DCMS) said at the last minute that insurance trading companies will work with commercial companies to cover the UK’s growing film industry due to a successful scheme that has been responsible for ending the delays in production in summer 2020. The end.
However, an insider familiar with the situation said only one or two runners would likely provide the necessary coverage and that producers were already worried about having to stop moving cameras.
The program paid 12 million ($ 15.8 million) in compensation claims and recorded more than 1,000 television shows in 18 months, including hits such as Kill Eve, Peak Blinders AND London bands. It has already been extended three times, but now the government is shutting down most of its Covid funding schemes.
British and Indian broadcasters held a series of crisis meetings with DCMS this week to try to extend it beyond April 30, which was revealed last Tuesday to no avail.
Culture Secretary Nadine Doris said, “As we learn to live with Covid, it’s wonderful for the industry to partner with manufacturing companies to make sure they have the coverage they need to create high-quality content for viewers on the go. , in the country and abroad “.
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Source: Deadline
Elizabeth Cabrera is an author and journalist who writes for The Fashion Vibes. With a talent for staying up-to-date on the latest news and trends, Elizabeth is dedicated to delivering informative and engaging articles that keep readers informed on the latest developments.
