Wednesday, 26 March 2014

Film industry Fact

5 facts on film

1. 200 films passed the Cultural Test in 2012 to become officially ‘British’. Of these, 13 were official co-productions.
2.On average, films passing the Cultural Test were able to class 71% of their total budget as ‘Production Costs’ for the Tax Credit (which provides 20% of the eligible Production costs, on films under £20m).  The figure for official Co-productions is 60% of the budget.
3.The BFI awarded £1m to short films in 2012.
4.Only 7% of UK films made between 2003-10 were profitable. (The BFI estimate profitability by “using an international box office to budget ratio of 2 or more”).
5.There were 4,600 students in film-related higher education courses, an increase of 209% on 2011.

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