Research notes for film making 3/10/17

Tax relief:

-       One way that films can be funded is through a tax relief program.

-       Up to 25% of the total expenditure of a film can be deducted regardless of its budget.

-       This is available for all film makers.

-       Can dramatically reduce the budget.

Types of Media funding

BFI film fund:

- A lead UK film agency which invests £26 million of Lottery Funds yearly to support film development.

BBC Films:

Collaborate with filmmakers in order to create films to be shown on the BBC.

Film 4:

Invests £15 million annually in developing and financing films. Accepts proposals via agents and production companies.

Creative England Fund:

Offers to fund projects with regionally – based filmmakers and projects with a strong regional voice.

Media – Creative Europe’s media sub-programme supports film, television, new media and video games, offering funding, training and networking opportunities.

Culture sub-programme – Supports the cultural and creative sectors and funds mainly collaborative projects and usually across all art forms, as well as publishers looking to translate European fiction.

ross Sector – Organisations can apply for funding to run collaborative projects aimed at improving distribution across more then one sector. Partnership funding.

Other Eu Funding – For professionals and organisations in the creative and cultural sectors. COSME, Horizon 2020, Europe for Citizens and European Creative Industries Alliance are a few of the EU funding opportunities available.

What do investors get in return for investing?

-       25 years of potential payments.

-       Appear as a film extra.

-       Get named in film credits

-       Attend VIP events.

Tax Relief

What was the task?

Task was to research the different types of media funding as well as what one can get in return for funding a campaign.What did you learn?
How different organisations fund campaigns and the different ways of funding project How will this help you in preparation for your exam?
As it gives me a clear definition on what tax relief is and analyses the different types of media funding