Production

UK’s New Film Tax Credit Attracts US Producers Igniting Optimism

The UK’s Independent Film Tax Credit (IFTC), starting April 2025, offers a 53% Audio-Visual Expenditure Credit for films under £15 million. While boosting UK interest at Cannes, concerns about financing and costs remain. Rising US streamer influence and production expenses challenge UK independents, demanding global strategies for sustainability.

US Production Incentives
Production

Declining Production Incentives

In recent years, 13 states have ended their film incentive programs. This retreat marks a larger trend of states re-evaluating and reducing film incentive programs.