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C4 to boost spend on film production in 2016

C4 to boost spend on film production in 2016
Staff Reporter
10 February 2016

Channel 4 is to boost its spend on film, upping funding for its Film4 production arm from £15m to £25m in 2016.
The significant increase in funding across 2016 will include two new partnerships: a new co-financing deal with Fox Searchlight for Martin McDonagh’s new film, Three Billboards Outside Ebbing, Missouri; and a new two year partnership with Entertainment Film Distributors and FP Films, the production company set up by The Inbetweeners creators Iain Morris and Damon Beesley, for four new comedy feature films.
These deals sit alongside a range of upcoming Film4 projects including The Selfish Giant director, Clio Barnard’s next film, Dark River; Bart Layton’s new heist movie, American Animals; the next film from 45 Years director Andrew Haigh, Lean on Pete; a new film about Mary Magdalene from Garth Davis; Danny Boyle’s long-awaited sequel to Trainspotting; and new films from first-time filmmakers – Michael Peace’s Beast; Toby MacDonald’s Old Boys; Adam Smith’s Trespass Against Us and Benedict Andrews’ Una.
Film4 also has projects in development with leading UK’s filmmakers such as Steve McQueen, Mike Leigh, Lenny Abrahamson, Yorgos Lanthimos and Chris Morris.
The move comes as Film4-backed films have notched up a a record 22 BAFTA and 15 Oscar nominations – for the likes of Room, Carol, Ex Machina, 45 Years, Amy, The Lobster and Second Coming.
Channel 4 Chief Executive, David Abraham said: “Channel 4 has played a huge role in backing new and distinctive film talent for three decades and the record awards success this year is testament to the enormous impact Film4 has in the industry. We have the ambition for this impact to continue to grow and so I’m delighted that, under David Kosse’s leadership, Film4 will be substantially increasing its funding – which I hope will ensure that we are able to continue to nurture the next generation of filmmaking talent.”
Director of Film4, David Kosse said: “I’m tremendously proud of the diversity of the Film4-backed movies nominated for awards – and continuing to support such a wide range of voices is at the heart of my strategy for the future of Film4.  In an increasingly global and competitive industry, building new and bolder partnerships across both production and distribution will ensure both that Film4 is able to operate as a more self-sufficient part of Channel 4 and that we continue to maintain high levels of funding into the film industry.”

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