Canada’s Film & TV Industry Presents Unique Insurance Solution with Government Support (EXCLUSIVE)

  • 📰 Variety
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Canada’s production community is working towards a bespoke insurance solution as the country looks to jumpstart production after it ground to a halt in March amid the coronavirus outbreak. Variety …

of suspension or abandonment costs relating to COVID-19. This could manifest in the form a government-backed fund that may amount to hundreds of millions of pounds.

The CMPA estimated in April that Canada’s production shutdown put around 172,000 jobs at risk, and could ultimately cost the Canadian film and TV sector — whose service industry supports myriad Hollywood shoots in provinces such as British Columbia and Ontario — around CAD$2.5 billion in both domestic and foreign production dollars if it continues until the end of June.

There is, however, finally some light at the end of the tunnel, with the first signs of production resuming post-shutdown. Manitoba became the first province to allow its production sector to restart as of Monday, with local soundstages opening back up for business. The first wave of renewed production in Canada is expected to focus on domestic projects due to the limitations posed by mandatory quarantine periods for inbound travel, making it tricky for any international projects, particularly U.S. studios, looking to shoot up north.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MsLizzieHill Headline is misleading. They made a proposal to the government, it does not yet have government support. The article states that, your headline does not.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.K. Industry Debates Realistic Start Dates for Film and High-End TV ProductionThe U.K.’s $4.5 billion film and high-end TV industry has turned its attention to when production can restart now that the country’s official coronavirus safety protocols have been published. It’s …
Source: Variety - 🏆 108. / 63 Read more »

U.K. Industry Confirms COVID-19 Guidelines for Film & High-End TV, Giving Greenlight for ProductionThe U.K. film and high-end TV sector has moved a step closer to restarting with the publication of government-endorsed guidelines for working safely during the COVID-19 pandemic. The U.K.’s visual … Hmm interesting picture, are you trying to tell us something, Variety? 🏳️🅰️⚪️🔘🌎🌍🌏☑️✅✔️ ♀️♂️ 🌞🌝🌚🌕🌖🌗🌘🌑🌒🌓🌔🌛🌜🌙💫⭐️🌟✨⚡️☄️💥🔥🌪🌈☀️🌤⛅️🌥☁️🌦🌧⛈🌩🌨❄️☃️⛄️🌬💨💧💦☔️☂️🌊🌫😀😃😄😁😆☺️😊😍🥰😘😗😙😚😋😛😝🤩🥳😎😱🤗🤑🤠😈👿👻👽🤖🎃😻😽😺😸🙀🤲🏻👐🙌🏻👏🏻🤝👍🏻👊🏻✊🏻☝🏻💪✍🏻🦶🏻🦵🏻💄💋👄🦷👅👂🏻👃🏻👣👁👀🧠🗣👤👥👶👧🏼🧒🏼👦🏼👩🏼🧑🏼👨👩‍🦱👨‍🦱👩‍🦰👨‍🦰👱🏻‍♀️👱🏻‍♂️👩🏻‍🦳AAAAAAAAAAAAAA It's absurd.
Source: Variety - 🏆 108. / 63 Read more »

Zimbabwean film industry makes Netflix debut with 'Cook Off'Zimbabwean film Cook Off, a romance about a struggling single mother who finds love during a cooking competition, premiered on Netflix on Monday, a debut that its makers hope will propel the country's small film sector to global audiences. tell us about DC Looks pretty damn terrible Great news
Source: Reuters - 🏆 2. / 97 Read more »