Global Screen Fund receives £21m boost in latest DCMS funding round
The UK’s Global Screen Fund (GSF) has received £21m for the next three years of its operation, as part of the latest investment from the government’s Department for Digital, Culture, Media and Sport (DCMS).
The figure means the funding will remain at the same level as the £7m allocated to the initial one-year pilot, which went live on April 28, 2021.
The investment forms part of a new round of £50m in government funding for UK creative businesses. Further allocations including £18m for the Creative Scale Up Programme, which provides finance and business support to creative industry businesses; and £8m to help start-up video game developers through the Dundee-based UK Games Fund.
The GSF pilot year has supported titles including UK-Ireland co-production The Miracle Club, sold by Embankment Films; and Sophie Hyde’s recent Sundance premiere Good Luck To You, Leo Grande, starring Emma Thompson and sold by Cornerstone Films.
“In its pilot year, the fund has stimulated new international partnerships, boosting co-production, distribution and development opportunities to drive growth and export,” said Ben Roberts, CEO of the British Film Institute.
“This continued investment recognises the power and potential of UK screen content and ensures that we can build on its global impact, delivering for the UK economy and reaching new audiences around the world.”
The funding announcement comes on the first day of the Creative Coalition Festival, a free online event from creative industries network Creative UK that aims to ‘reimagine, redefine and reignite’ the future of the sector.
This article first appeared on our sister site, Screen Daily.
Also on The Knowledge
Creative Enterprise has announced the latest round of applications for its screen business growth initiatives in the English regions.
Indielab has announced the 15-strong cohort of independent TV production companies that will join its 2022 TV Accelerator programme.
Channel 4 and Create Central are joining forces to support and nurture the West Midlands’ TV production sector.
The London Screenings, Film London’s export market dedicated to UK film, is returning this June as a live event, after two years of having to switch to online due to the pandemic.
The BBC has confirmed the return of four of its high-rating dramas: The Responder; Vigil, Time and The Tourist – all greenlit for second runs.
The Broadcast Indie Summit is back with a packed programme featuring 40 commissioners and indie bosses as it becomes the first major in-person conference pitched at the production community for two years.