Film London Predicts $12B Film & TV Boost To UK Capital Film London has suggested that the film, TV and animation could generate as much as $12B (£9.5B) in investment in the UK capital in the next five years to 2028-29, as a result of its support activities. The body released the figures a part of its 20th anniversary celebrations on Wednesday.
It said this investment would in turn add another $1.2B (£1B) in additional GVA for London over the same five-year period. The future impact figures were modelled on 2023/24 data.
Film London noted that the forecast builds on figures for the previous five years, during which it said $5B (£4B) was invested in London as a result of its activities. Film London activities include the Artists Moving Image Network, equal access schemes like Breaking the Glass Ceiling as well as the Production Finance Market (PFM), during the BFI London Film Festival, and the London Screenings. The event was attended by the likes of Bond producer Barbara Broccoli and filmmakers Mike Leigh and Gurinder Chadha.
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