This document is essential reading for your exam. It gives you up-to-date information about the UK film industry.
Key points:
2011 UK Film Production
- 'Inward investment' from other countries (particularly the US) was at it's highest ever level - e.g. Batman: The Dark Knight Rises, Jack the Giant Killer, Prometheus, Skyfall, Snow White and the Huntsman, World War Z and Wrath of the Titans. Most of these productions qualify as UK films.
- Spending on international co-productions increased (e.g. 360, Good Vibrations, Shadow Dancer and StreetDance 2) but there was a slight fall in spending on domestic productions. Significant domestic productions included: Great Expectations, The Inbetweeners Movie, The Iron Lady, Now is Good, Postman Pat: The Movie, The Sweeney and Welcome to the Punch.
- Overall, 274 films were produced in whole, or part, in the UK, down from 343 in 2010. 42 were co-productions, 200 were domestic UK features (of which 124 had budgets under £500,000) and 32 were inward investment films. The decline in domestic productions was due to a 47% decrease in the number of low and micro budget films.
- 80% of spending on 'UK films' comes from US studios. However, the majority of US films produced in the UK are independent films (with far lower budgets than films like The Dark Knight Rises).
- Most independent 'UK films' were domestic UK features or co-productions.
UK Box Office 2011
- Annual UK cinema admissions increased by 1.4% to 171.6 million, the third highest total of the last decade. The strong performance of a number of independent British films such as The King’s Speech and The Inbetweeners Movie was a major factor behind the growth in box office revenue.
- The highest grossing film of 2011, Harry Potter and the Deathly Hallows Part 2 became the third highest grossing film of all time at the UK box office behind Avatar and Toy Story 3. The final instalment of the eight-film Harry Potter saga topped the chart of the year with earnings of just over £73 million. Second and third place belonged to two independent British films, The King’s Speech and The Inbetweeners Movie, each earning over £45 million to become the two highest grossing independent UK films since box office records began. Three other titles earned over £30 million – Pirates of the Caribbean: On Stranger Tides, The Hangover 2 and The Twilight Saga: Breaking Dawn Part 1. Sequel Sherlock Holmes: A Game of Shadows and Aardman animation Arthur Christmas grossed over £20 million while Bridesmaids was one of the surprise hits of the year earning £23 million.
- It was a strong year for UK-produced films, with box office successes across a diverse range of genres. This resulted in the highest market share (13.5%) for UK independent films since our records began. The market share of US studio-backed UK films (films wholly or part-financed by US studios but featuring UK cast, crew, locations, facilities, post-production and often UK source material) was 22.7%.
- A total of 47 3D films were released in 2011, up from 28 in 2010 and 14 in 2009. The top 3D release in 2011 was Harry Potter and the Deathly Hallows Part 2 which earned 48% of its total gross in 3D.
Notes:
An inward investment film is substantially financed and controlled from outside the UK (e.g. U.S. films) and where the production is attracted to the UK by script requirements, UK expertise or tax relief. These films may qualify as a 'UK' or 'British' film under the Cultural Test.
A domestic film is one made by a UK production company and is produced wholly or partly in the UK.
A co-production is a production other than an inward investment co-production involving partner countries who have signed agreements to recognise co-productions between them as eligible for benefits that domestic films may receive.