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UK Producers In Talks With Government To Extend $665M Covid Production Insurance Scheme

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deadline.com
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EXCLUSIVE: UK producers are in talks with the government over extending Britain’s world-leading production insurance scheme, which opened the door to £1BN ($1.3BN) of shoots returning to work after the catastrophic coronavirus shutdown.Industry sources say producers want to extend the cutoff for the £500M ($665M) Film and TV Production Restart Scheme from February to June 2021 to provide cover for the spring production rush when filmmakers bid to take advantage of longer daylight hours.Pact CEO John McVay, who has spearheaded the industry’s insurance efforts, confirmed that discussions are taking place and that he hopes to have some clarity by January to help producers plan for their busiest time of the year.

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