Inward investment 90% of UK film spend
The latest stats from the BFI show that film production spend in the UK over the last six months totalled £982m, with £880m of that coming from inward investment projects.
The report demonstrates the large scale of the budgets of the incoming projects: of the 86 films that started principal photography in the UK in the last six months, 30 were inward investment features.
This means that under half the amount of films that were shot here contributed 90% of the total production spend, with domestic features spending just £84m.
Among the inward investment features which began production in the UK in the last six months are Mary Poppins Returns, Overlord and Mission: Impossible 6.
Of the 86 projects which saw cameras roll, 47 were UK domestic features – such as Peterloo and Stan & Ollie - and nine were co-productions, with the latter spending a combined £17m.
Production on high-end TV was also prolific in the last six months, with a total of 35 projects beginning their shoots and totalling £302m in production spend. Nineteen of these were domestic programmes, spending £141m, and 16 were inward investment or co-production titles, spending £161m.
Mary Poppins Returns photo via Walt Disney Studios.
Also on The Knowledge
Behind Her Eyes starts shooting for Netflix
Filming is underway on Behind Her Eyes, a new drama for Netflix.
Rebecca movie starts filming for Netflix
Ben Wheatley has shifted into production on a film adaptation of Rebecca, based on the famous novel by Daphne du Maurier.
Drama Republic preps Us for summer shoot
An adaptation of David Nicholls’ 2014 novel, Us, is in pre-production at Drama Republic for BBC One.
SVOD growth impacts filming costs
The rapid growth of SVOD platforms has had a dramatic effect on the cost of production in the UK, according to the BBC and Channel 4.
Netflix keen to remain BBC co-producer
Netflix wants to continue working as a co-producer with the BBC, rather than being perceived as a competitor.
Aaron Haye at the Media Production Show
Renowned production designer Aaron Haye will be appearing at this year’s Media Production Show in a session called “How we made Bohemian Rhapsody”.
