Friday, March 25, 2011
Film London will receive $2.1 million in funding in 2011/2012 for its projects from the city of London even though a number of arts projects have lost funding and the British economy is still suffering. The city's mayor Boris Johnson has agreed to give the agency a boost, perhaps taking into account that the UKFC, the agency formerly responsible for assisting the film industry, is transferring some of its functions to Film London and other partners.
From 1 April 2011, the UK Film Council's role in encouraging inward investment into the UK will be taken on by Film London in a public/private partnership with Warner Bros., Pinewood Studios Group, the Production Guild, UK Screen Association and others.
UKFC is transferring other functions to the British Film Institute. The UKFC will be closing down its operations soon.