Cable TV

UK minister for culture, media, sport Jowell lays emphasis on India UK film co-production treaty

MUMBAI: A film co-production treaty between India and the UK was signed last year. 10 films are expected to be made in the first year..

This announcement was made Britain’s secretary of state, department of culture, media and sport Tessa Jowell at Frames. “Last year, I signed the main body of the Indo-UK co-production treaty. The treaty will enable both our film industries to take fuller advantage of the new opportunities of the digital age.

"We estimate that in the first year around 10 films would be made. This will benefit UK and India by around 155 million pounds. Cineworld cinemas in the UK are showng Indian films. There were 2.6 million visitors to Hindi films in the UK last year. Indian films accounted for 16 per cent of all releases in the UK last year, taking in 12 million pounds at the UK box office last year.

“The treaty will benefit both nations’ creative skill sets. There will be creative and technical collaborations from film festivals and marketing to production management services and the sale of cinematography equipment. It has been fantastic to the UK Film Council distribution and exhibition Fund to support The Rising. Veer Zaara took in 2.3 million pounds at the UK box office.

“We have just completed a White Paper on the BBC where a key theme is bringing the world to UK and UK to the world. Coupled with developments in the BBC Asian Network and the Window of Creative Competition which will open BBC production to a wider range of creative talent, we will surely see further collaboration between the two cultures and countries.”

She noted that this kind of progress is important not just in the film contest but as part of the UK government’s aim to nurture the creative sector. “The global market value of creative industries has increased from $831 billion in 2000 to $1.3 trillion in 2005. This represents more than seven per cent of the total GDP. In the UK creative business contributes 11.4 billion pounds to our trade balance. This is one pound in ever 12 pounds in our GDP. My job is to ensure that the creative sector is the first to benefit from the economic changes wrought by globalisation. For the film industry we know that digital technology is enabling better production, distribution and access.

“It is starting to fully examine the potential of this new technology in the ciontext of games, animation, individual and producer platforms as well as providing opportunities for areas like multiplex development.

Indian innovation is making waves across the world being the first to stream a film on mobile for instance,” said Jowell.

Jowell says that the UK government is encouraging the creative sectors to work together and share best practice and skills. “We have encouraged the BBC to work with organisations like Visit Britain and the Tate galleries. We have recently launched a flagship Creative Economy programme which is getting together luminaries from the creative sectors of film, music, fashion, advertising, publishing and computer games.”

The result, Jowell says, is that the UK is seeing regional clusters of creative business. In the film industry, the UK is seeing investment in regional production firms, visual effects firms, post production houses and film financiers.

Latest Reads
MSOs move Madras HC seeking relief on inter-connect pacts

MUMBAI: The All India Digital Cable Federation (AIDCF) had filed a petition in the Madras High Court few days back pleading a directive to broadcasters to maintain a status quo on renegotiating agreements between TV channels and MSOs till a final judicial call was taken on TRAI’s new tariff regime...

Cable TV Multi System Operators
Siti bullish on broadband: Rajesh Sethi

Mumbai: Despite uncertainty in many quarters, these are interesting times for people following the multi-system operator (MSO) industry. Recently, Siti Networks Ltd (Siti) released its Q2 and H1 results for 2017-18, reigniting the hope for growth in the industry. Announcing growth in operating...

Cable TV People
Louis Boswell appointed CASBAA CEO

CASBAA Association has appointed Louis Boswell, senior media and digital business leader in Asia, as the chief executive officer (CEO). Boswell will begin his tenure on 1 January 2018, succeeding outgoing CEO Christopher Slaughter.

Cable TV People
Multiple challenges weaken Ortel numbers in second quarter

Hit by multiple challenges, Indian regional multi-system operator (MSO) reported lower numbers and posted a net loss – the second one this fiscal- for the quarter ended 30 September 2017 (Q2-18, quarter under review). The company expects stabilization of business to happen one year down the line...

Cable TV Multi System Operators
Now, Comcast in talks to buy 21st Century Fox

According to several reports, 21st Century Fox is on the block and Philadelphia-based cable TV conglomerate Comcast is interested. Comcast has approached Fox about acquiring most of the company. Reportedly, Verizon, the biggest wireless carrier in the US, has also thrown its hat into the ring....

Cable TV Multi System Operators
CASBAA elects new board directors

The Cable and Satellite Broadcasting Association of Asia (CASBAA) has announced the election of several new directors to its board, and the return of a number of long-serving directors.

Cable TV People
Workshop to train manpower in cable TV distribution

NEW DELHI: A workshop is being held on 27 November to deliberate on the importance of skilling, certification and accreditation of the manpower deployed in cable TV distribution.

Cable TV Multi System Operators
Higher subscription & activation lead Den's turnaround in Q2

BENGALURU: Indian multi system operator (MSO) Den Network (Den) reported growth in operating revenue, operating profit (EBIDTA) and profit after tax (PAT) for the quarter ended 30 September 2017 (Q2-18, current quarter) as compared to the corresponding year ago quarter. In Q2-17 (the corresponding...

Cable TV Multi System Operators
GTPL reports higher numbers for second quarter

Indian multi system operator (MSO) and broadband internet services (broadband) provider GTPL Hathway Limited (GTPL) has reported a year-over-year (y-o-y) growth in standalone as well subsidiary companies’ operating profits and net profits for the quarter ended 30 September 2017 (Q2-18, current...

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories