UK Govt Extends Film And TV Production Restart Scheme By Six Months For The Final Time

deadline.com:

The UK’s $680 billion Film and TV Production Restart Scheme has been extended by a further six months for the final time, supporting another 400 productions.The UK government’s insurance backstop, which pays out up to 20% of a show’s budget if it is delayed by Covid-19 and 70% if abandoned, was formed last summer and has since been extended three times.The scheme has supported a wealth of big budget projects such as Peaky Blinders and Midsomer Murders.

It has so far helped 835 productions, protecting more than 70,000 jobs and $3.2 billion of production spend, according to the UK’s department of Digital, Culture, Media and Sport (DCMS).The six month extension, which will cover claims up to 30 June 2022 and remain open for applications until