Insurance companies ‘put up roadblocks’ to funding for film and TV industry, committee hears

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Insurance companies put up “roadblocks” and posed a “significant challenge” to the Irish film and television industry as it battled with the effects of the pandemic, a committee has been told

Desiree Finnegan, chief executive of Screen Ireland Image: PA Images Desiree Finnegan, chief executive of Screen Ireland Image: PA Images INSURANCE COMPANIES PUT up “roadblocks” and posed a “significant challenge” to the Irish film and television industry as it battled with the effects of the pandemic, a committee has been told.

The committee was told that 24 productions were stood down, 59 were delayed and 800 workers were laid off, resulting in €20 million of unpaid wages. She said, however, that three major productions have returned to Ireland which has given the industry a boost. I think the demand on the direct consumer services that we have seen across the world also speaks to the appetite of consumers. “The animation industry has a world-class reputation, they are multi award-winning and watched by millions of children around the world.She said that Screen Ireland is to launch an animation academy to specifically address the skills deficit issues in Ireland.

 

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