UK Establishes £500K Fund To Help Film Sales Companies During Pandemic

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The British Film Institute has put in place a $620,000 (£500,000) fund to help the country’s film sales companies cover costs arising from the pandemic. With film distribution upended, and major ma…

The British Film Institute has put in place a $620,000 fund to help the country’s film sales companies cover costs arising from the pandemic.

With film distribution upended, and major markets disrupted and cancelled, this has been a challenging time for the entire industry ecosystem. Business has ticked over for sales outfits, including at the virtual edition of themarket last month, and while deals have continued to flow, there’s no doubt that the entire value chain is feeling the pinch.

Grants of up to £25,000 will be available per company, meaning 20 companies can be supported in total. The money is to cover costs that cannot be covered by funds available from the UK Government or other sources.unveiled an $2BN rescue package“We are committed to supporting the government’s ambitious export targets and ensuring a globally competitive UK film market.

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