The TV broadcaster, which provides one of the three planks of public funding here in the UK, is increasing its annual film budget by 20% to £10 million. This fresh investment injection follows the passing into law of the Digital Economy Act, which enshrines a film production commitment into Channel 4’s public service remit for the first time. Last year, there was a question mark over Channel 4’s continued support for British films – despite its backing Oscar winner Slumdog Millionaire. Now David Abrahams, Channel 4’s new CEO, says this investment is safe “under my watch”. Film4 has two features competing at next week’s Cannes Film Festival: Mike Leigh’s Another Year is in the running for the Palme d’Or, while Hideo Nakata’s Chatroom is vying for the Prize Un Certain Regard.
Film4 Annual Budget Increases to $15M
What's Hot on Deadline
Latest TV News
- MSNBC Clocks Cable’s Largest Weekday Primetime Crowd For First Time In Its History
- Jimmy Fallon Unveils Former White House Press Secretary Sean Spicer’s New Music Video
- ‘Santa Clarita Diet’: Zach Knighton Set For Major Season 2 Arc On Netflix Comedy
- Sabrina Wind Named TV President Of Jason Reed’s ABC Studios-Based Co.
- Fox News Trades Insults With New York Times Over Coverage Of Botched Plot To Kill ISIS Leader
- ‘Mars’ Season 2: Esai Morales, Roxy Sternberg, Five More Round Out Cast As Production Begins