U.K. Producers Eagerly Await $644 Million Insurance Scheme — But It Still Needs E.U. Approval

U.K. Producers Eagerly Await $644 Million Insurance Scheme — But It Still Needs E.U. Approval
Updated: The U.K.’s film and TV production restart scheme may have finally opened for applications, but it still requires State Aid approval from the European Union — a process that’s still ongoing, with no clear end date in sight.

“I was hoping it would be several weeks ago, I hope it’s tomorrow, but I just don’t know,” John McVay, CEO of U.K. producers trade org Pact, told Variety on Thursday.

The fund opened for applications late on Thursday, but makes clear that it is not yet live. Meanwhile, the European Union Commission is planning legal proceedings against the U.
See full article at Variety - TV News »

Similar News


Recently Viewed