“Urgent action” is needed “to protect distinctly British content,” the Culture, Media and Sport Committee of the House of Commons of the U.K. parliament has concluded after holding an inquiry via a series of hearings.
In its final report, published just after midnight on Thursday, it calls on the government of Labour Party leader and Prime Minister Keir Starmer “to ramp up support across film and high-end TV.” Among its proposals are additional tax incentives to benefit independent films, support for independent cinemas, and a levy of 5 percent of U.K. subscriber revenue on foreign streaming services, including the likes of Netflix, Amazon, Apple and Disney, to help finance British drama production.
Related Stories
Speaking of “the crisis in domestic high-end television,” the committee specifically suggests “enhanced tax incentives” to ensure similar support as is available for independent film. The BFI should urgently conduct
...
Keep reading this article on Hollywood Reporter.
