Met Film School Shoot
13 March 2014

What are the next steps for the British Film Industry?

By Cassio | Categorised in News

Met Film School tutor Terry Illot wrote a piece in the The Guardian last week about the challenges of working within the Film industry and what your next steps should be.  Terry is a tutor on our Six-Month Producing and Business course and has an impressive CV to date; having worked as CEO of Hammer Films, Governor of the BFI and European Editor of Screen International.

So, if there’s an opportunity for the British feature film market to flourish, why isn’t it doing so?  What are the current underlying problems?
  • In this Guardian report, Terry argues that according to British Film Institute (BFI) data, of the nearly 1,200 directors who made British feature films in the 20 years to 2008, 74% made one, 15% made two, just under 6% achieved three, and 2.4% made between five and nine. A mere six directors were able to put together 10 or more films.  They argue that with the decline of production companies and businesses within the UK (e.g. Goldcrest, Virgin Films and Palace Pictures) the film industry has started to become de-professionalised; “we benefit from the injection of capital and expertise provided by the Hollywood studios, who continue to make big films in the UK and without whom our industry would likely be dead in the water.” Terry notes: “But the creative side cannot continue to flourish in the absence of a healthy commercial side. We need viable companies. We need to take a leaf out of the US book and learn to help ourselves.
  • But how do we go about instigating this change?  We must, as an industry, make ourselves more equipped with the business skills needed to thrive and push the industry into what it could be.  Using the model of the Hollywood Film Business,where it is commonplace to find film executives, even film lawyers, who have attended both film school and business school, we need to encourage a business education to target building and sustaining new production companies and platforms.  Terry believes that the work that he will do at Met Film School will be a small step into providing the training needed for future film professionals to flourish,
  • Terry notes that:  “we still need executives and entrepreneurs who can talk the talk and walk the walk. That means getting a business education, becoming familiar with the vocabulary of finance and being confident in how to go about building and sustaining a business.
Read the full article in The Guardian here.
Find out more about Terry’s Six-Month Producing and Business course at Met Film School.


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