Film4’s annual funds has dropped from £25 million to £22.5 Million for 2024.
The Poor Issues backer confirmed the discount with us, including that the determine was “according to latest years.”
“Film4 is the most important PSB funder of impartial movie within the UK. Our funds is ready yearly, according to Channel 4’s financials, to make sure we are able to greatest ship sustainable, long-term assist to the trade,” a spokesperson stated.
“We now have not too long ago had a few of our most prolific and profitable years, and we’re dedicated to sustaining the same stage of assist sooner or later, backing round 10-12 movies per 12 months, sustaining our cultural influence and persevering with to champion probably the most distinctive and progressive filmmaking expertise.”
Film4’s decreased funds remains to be larger than BBC Movie, which has remained at round £11M (together with overhead) for the very best a part of a decade, and the BFI Filmmaking Fund, which sits at round £18m a 12 months.
The discount comes as Channel 4 laid off a whole bunch of workers members as a part of plans to merge a number of commissioning departments, together with TV drama and movie. Caroline Hollick’s TV drama division is now linked with new Film4 boss Ollie Madden’s workforce. In the meantime, documentaries and factual leisure, which make the likes of 24 Hours in Custody and Gogglebox, are coming collectively, as are leisure and actuality – commissioners of Married at First Sight and The Final Leg. Portfolio channel E4 can be restructuring, with commissions at E4 going by related genres and digital reporting straight to Ian Katz.
Film4’s latest credit embrace 2023 awards hitters like Poor Issues, The Zone Of Curiosity, and All Of Us Strangers.