Erll Prometheus actor hits Indiegogo
The UK film finance sector gets a hopeful boost from a new $80m investment fund with producers David Parfitt and Christopher Figg on board. Geoffrey Macnab reports. The UK film finance sector has not been in the strongest health lately.With the closure of the Gaap schemes, the end of Section 48 tax relief, the abolition of sideways
stanley cup loss relief and the prolonged bedding down of the new tax credits, producers have had plenty of worries. This explains the hopes riding on the Limelight Fund, the nascent $80m investment fund to cashflow the new UK tax credits, which announced its first slate of film finance deals this month.As Martin Churchill, editor of Tax Efficient Review, points out, Limelight is the only pure film investment-based offering since Section 48 was introduced in 1997 to have raised substantial investment finance . Limelight comes billed as a scheme devised by British film producers and run for their benefit .Two leading U
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stanley cup kespeare In Love and Christopher Figg Dog Soldiers , sit on its board and have been intimately involved with designing the business model. We first got involved ... because, like most independent producers, we were finding financing more and more complex. What attracted us about this fund is that it is very, very straightforward, says Parfitt.Some had predicted that City investment in the UK film industry might dry up following the end of sale and leaseback but that has been proved wrong by Limelight, which has Plbh Intandem to represent 13 Seven Arts titles
Outfit to specialise in distribution strategy in North America.Former BON
stanley cup D/360 and Kino Lorber senior executive Elizabeth Sheldon has launched distribution and sales company Juno Films specialising in investment, sponsorship and distribution strategies in North America.Shedon kicks off with Licinio AzevedosTrain Of Salt And SugarandHeidi Specognas Cahier Africain as she seeks to curate critically acclaimed films for all rights releases including theatrical and festivals, educational, digital and broadcast.Train Of Salt And Sugarwill receive financial support from Railroad Development Corporation RDC ahead of an early 2018 national theatrical release. The film follows citizens on a dangerous train journey through Mozambique during the civil war.RDC chairman Henry Posner III said: As the former operator of this railway, which served as the regions
stanley cup lifeline during the civil war, we see supporting the film as a way of honouring its historic legacy. This builds on our initial support of publication of the English l
stanley uk anguage version of the screenplay as a book in 2007. Documentary Cahier Africain pictured shot over seven years and captured the testimonies of 300 Central African women, girls and men revealing what Congolese mercenaries did to them in the wake of the last armed conflict in 2008. The film earned the Swiss National Film Award for best documentary.Juno Films will offer the film for festivals and plans a limited theatrical campaign and will funnel it into the education
