Theres market failure because the streamers came in, high-end TV got higher end, and Hollywood arrived.
She added: Some additional fiscal support for the sector is essential.
I think we could really die without it.
Cannes Film Festival
We wanted to make it because we thought it was an important story to tell.
So you never know what story might work.
Ive had to go scour Europe to get the funding for the film.
We were unable to raise money from the U.S., she said.
It stars an ensemble of British actors and one American.
OBrien said the production also has private investors alongside cash from Creative Scotland and BBC Film.
Its absolutely exhausting to put something like that together.
If we had an enhanced tax credit, for instance, I wouldnt have had to defer my fee.
We would have been in a position where we can now finish the film with confidence.
But its been a real struggle just because we havent quite got enough money to do it.
So that is a problem.
Youre only going to have to come up with 10%.
It makes me it gives me broad shoulders.
It makes me less subservient to the money.
I think thats how it works, she said.
The change was set from January 2024 and represents a 0.5% real-terms increase in the tax break.
