Stealth Media Group
were interested to read this week about how politics can sometimes have an
impact on film production. As the industry bible Variety reported, the rise of UKIP in the UK may have a direct impact on the UK film
industry. UKIP wants an exit from the
European Union and they were heavily supported in the European Union election
last week.
UKIP grabbed 27.5% of the votes cast, this compares with 25.4% for
Labour and 23.9% for the Conservatives.
It was the first time for over 100 years that a party other than Labour or
Conservative came first in a national election.
But what will an exit from
Europe mean for the UK film industry?
In the last seven years alone the EU’s Media Program granted over 100
million Euros to UK film companies and UK film production. In Cannes this year,
two British films Ken Loach’s “Jimmy Hall” and Mike Leigh’s “Mr. Turner” both
received funds from the EU programme.
Funds from the EU also help UK productions with distribution and often
help with theatrically released films which have in the past included such hits
as “Slumdog Millionaire” and “The King’s Speech”.
Funding for education
EU initiatives also give funding in some forms to various film and media
education institutes, these include; London Film School and the National Film
and Television School. The acclaimed Sheffield Doc/Fest also receives an amount
of funding via European initiatives.
These sources of funding play a vital role in the UK and the chance this
ending will be causing many headaches across the UK film industry.
Creative Europe
Moving forward, the EU’s Creative Europe scheme has a budget of $1.99
billion over the next seven years. An exit from Europe would deprive the UK of
access to these funds.
Even if UKIP don’t win and the Conservatives gain office, they
themselves have committed to a referendum on Europe. Based on the current mood
this could still mean that the UK could exit the EU.
Funding for all kinds of film
Film funding can come from all kinds of sources and politics has
impacted film funding in the recent past. Government schemes and sources of
money can always come and go under different political ideologies.
Stealth Media Film Investments doesn’t just work with funding from Europe,
our films our financed from a variety of sources from all over the world. If
you’re interested in finding out more please contact Stealth Media Group now.