Prominent cinema stalwarts call for 'targeted funding support' for future generations

Amid ongoing pandemic, with atres being shut down, many industry stalwarts have been asking authorities to extend ir support UK cinema. According to Deline, more than forty prominent UK film industry figures including 'Tenet' director Christopher lan have written to UK Chancellor Rishi Sunak asking for more support for UK cinema.

Film fraternity stalwarts write an open letter

letter written by prominent stars mentions that entire cinema is standing on edge of an abyss as a result of ongoing COVID-19 pandemic. list of prominent Hollywood’s A-listers includes ace filmmakers like Christopher lan, Steve McQueen, Ridley Scott, Jude Law, and Bond producers Barbara Broccoli and Michael G Wilson. above-mentioned names are among ones who called for some funding support to ensure that coming up generations can enjoy magic of cinema.

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content of letter state that fraternity recognizes support that government has alrey been able to provide to society. y furr wrote that y fear this will t be eugh, with challenges being most acute for those larger cinema operators who have t been able to access any tailored funding.

letter continues:

"We very much hope that Government will respond to this call. UK cinema stands on edge of an abyss. We urgently need targeted funding support to ensure that future generations can enjoy magic of cinema. se companies represent over 80 per cent of market, in many ways constituting its ‘critical mass’ and helping to drive success of associated sectors such as film distribution and production to coalesce. Without m, future of entire UK film industry would look extremely precarious."

UK box office, just like or cinema halls was sincerely affected by COVID-19 closures. Meanwhile, Hollywood veteran Tom Hanks believes movie atres will "absolutely" sail through coronavirus pandemic. In an interview with Collider, Hanks dressed impact of COVID-19 on cinema halls which led to release of many anticipated titles on various streaming platforms. Hanks calls shift to digital medium a "due" change.

Meanwhile, UK government has ded in ditional support for cinema, but as industry figures te, this funding has been targeted at a single screen and/or independent venues. This year, owing to pandemic, cinema plexes were bly hit and ir business suffered a lot.   local market experienced a 76% drop in receipts to $454M last year and most plexes and single cinemas remain shuttered with dozens of tentpoles on ice.

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