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Curtain closes on TV and Film support scheme
The Government's pandemic insurance scheme for film and television is closing.
First unveiled in July 2020, The £500m Film and TV Production Restart Scheme was extended for six months in October.
DCMS says the scheme supported 95,000 jobs and led to a record £5.6bn production spend.
Its closure follows lobbying from film and TV groups who called for another extension.
Instead, insurance trade bodies will work with commercial firms to provide cover for the screen industries, the DCMS says.
Producers body Pact called the move “disappointing”.
“Pact members and the wider industry now face a very messy period where some productions will be able to get cover and others will not due to the limited number of insurance providers in the market.”
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