BFI Unveils $5.71 Million Package of Support for U.K. Film Industry

Published on Apr 09, 2020

BFI Unveils $5.71 Million Package of Support for U.K. Film Industry

The British Film Institute has set out a package of support measures designed to assist the U.K. film industry as it struggles with the impact of the coronavirus crisis.

Ben Roberts, chief executive of the BFI, said Thursday it has “repurposed” more than £4.6 million ($5.71 million) in funding to target specific areas of the sector, including exhibitors, freelancers and producers. It has adjusted criteria on key existing programs – including its annual £2.5 million ($3.1 million) Development Fund and the BFI Locked Box – in response to issues such as cash flow and company overhead.

In a statement, Roberts said: “The impact of the Covid-19 crisis has been devastating and far reaching, and we are working with colleagues across the industry to support those who have been hardest hit, and ensuring that we thrive as we recover.

“We are part of a community of innovative and talented creatives working across the entire value chain.

Read full article at: Variety - Film News

Author: Leo Barraclough