UK pledges £500m insurance fund to jumpstart film and TV production

Producers welcome scheme offering support if productions incur losses due to Covid-19

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A £500m scheme to jumpstart the UK’s battered film and television industries has been welcomed by producers.

On Tuesday, the culture secretary, Oliver Dowden, announced a scheme in which the government effectively takes on the role of a commercial insurer by offering to support productions if they incur losses because of coronavirus.

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from Culture | The Guardian https://ift.tt/3jMZSlF