BFI to oversee funding for British cinema

From the Guardian today:

British Film Institute to oversee 60% rise in movie industry lottery funding

Culture minister Ed Vaizey praises the efforts of the UK Film Council but says it is time for the industry to move into a ‘new chapter’.

John Plunkett

guardian.co.uk, Monday 29 November 2010

The culture minister, Ed Vaizey, today said the British Film Institute would assume the lion’s share of the responsibilities of the defunct UK Film Council and announced a 60% increase in lottery funding for the UK industry.

Vaizey added that the BFI would be a “single voice” for British film and described it as an exciting new page in the history of the industry in the UK.

He said the amount of lottery funding available to the UK film industrywould increase from £27m today to £43m by 2014.

He praised the contribution of the BBC and Channel 4 to UK film-making and called on BSkyB to invest in British movies as they had done in domestic television.

Vaizey said the BFI would be in charge of delivering government policy on film and the distribution of lottery money.

It remains unclear how much will be saved as a result of the controversial axing of the Film Council and the transfer of the majority of its powers to the BFI.

But Vaizey said: “I am pretty certain that we are going to save significant amounts of money going forward and we will see a significant amount of those savings going into film production.”

He added that he did not want to “denigrate” the efforts of the film council, which had been a “great success”, but said it was time for a “new chapter”.

More details soon…

British Film Institute to oversee 60% rise in movie industry lottery funding | Film | guardian.co.uk

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