After unveiling plans for the project in late 2020, the British government and British Film Institute has now formally launched the U.K.
Global Screen Fund. The one year pilot fund —put at £7 million ($9.7 million) — is effectively aimed at partially replacing Creative Europe's MEDIA funding, which the U.K.
lost access to following the completion of the Brexit transition period on Dec. 31, 2020, and is "designed to boost international development and distribution opportunities for the UK’s independent screen sector," according to the BFI.
Financed by the Department for Culture, Media and Sport and administered by the BFI, the fund will target support across film, TV, animation, documentary and video games, and will funnel investment through.
Read more on hollywoodreporter.com
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