There are many different ways in which films can financed, the producer must secure funding for the production of the film before they begin filming. It is difficult to predict how much a film is going to cost to produce.
These are the different ways that funding can be secured:
Government Grants:
These are Grants provided by the Government, this scheme is designed to encourage creativity and develop new talent within the British Film industry. Film Production can benefit a country as it creates new jobs, allows the national culture to develop and can also lead to an increase in tourism.
The UK Film Council and The National Lottery:
These provide funding for films in a number of different ways:
Tax Schemes:
This offers a direct subsidy to shoot and produce the film in Britain .
Tax Shelters:
This scheme allows those who invest in the UK films to pay less tax, encouraging more people to invest in British films.
Pre Sales:
Pre sales involves the Producer selling the right to distribute the film before it is made.
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