UPDATE, 10:25 AM: BAFTA has made the audio of Paul Greengrass‘ David Lean Lecture available. Check it out:

PREVIOUS, MONDAY PM: Paul Greengrass tonight greengrassdelivered BAFTA’s David Lean Lecture — the London-based org’s annual talk for the world’s leading filmmakers — and issued stark warnings for the health of the UK’s directing industry. The British filmmaking scene was in good shape, he said, thanks to the area’s “simple and transparent tax breaks” which encourage Hollywood studios to invest. But he warned the industry must leverage the studios’ buying power to encourage some of that Hollywood money back into UK content.

To a full house that included British talent like Richard Curtis, Miranda Richardson and Mat Whitecross, Greengrass offered a wide-ranging talk that covered his first steps into filmmaking and his vision of the future of the business. He heaped praise on Hollywood, and said “a lot of baloney” was talked about bafta1__130805162028the U.S. industry’s priorities. Hollywood is not a place run entirely by cynical hacks, he said. “It’s full of smart and committed people, who understand filmmakers… And it also has guilds and trade unions with power and voice. That’s why the studios are looking for places that don’t, and that’s why they come [to the UK].”

But he warned that UK directors have a hard time making follow-up features at home after their debuts, and that the situation in British TV is especially dire. He claimed directors earn less in residuals for helming the likes of Doctor Who and Downton Abbey than stunt performers.

Related: Fleming Q&As Paul Greengrass On Oscar Contender ‘Captain Phillips’, MLK, And Why He’ll Never Make Another Bourne Film

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