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BBC to put £100 million into British film 
AROUND THE SITE

Posted by: Paul Heath
Source: Assorted
Date: 22nd February, 2006

The BBC are ploughing £100 million into British film over the next ten years. £50 million will be spent on producing new movies (the BBC has had a hand in the likes of Woody Allen's MATCH POINT and MRS HENDERSON PRESENTS recently), while the other £50 million will be used for obtaining films for broadcast.

The corporation have announced that they will spend around £15 million a year on making new movies, which is a 50 percent increase on the amount investing currently.

BBC creative director Alan Yentob said on the a statement posted on This Is London: "BBC Films has a unique place in the UK film industry as a supporter of projects which would otherwise not have made it to the big screen.

"Many of these have made a huge impact with critical and commercial success, including Billy Elliot, Bullet Boy, Match Point and Mrs Henderson Presents. Increased investment will broaden the portfolio of films we bring to the screen."

And how will they pay for this? Well, the BBC have apparently asked the government for a £50 rise in the TV license over the ten years. The governement are yet to give them permission to increase the fee, which is currently set at £126.50. The license funds terrestrial channels BBC1 and BBC2, digital channels and BBC Radio.

Great news for the UK film industry.

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