The British government supports its cinema by 300 million sterling pounds.

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  • 03:59 PM - 26 May 2012
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The British Film Institute has set with the British government a five year plan to support the filmmaking in the UK with a budget of almost 300 million sterling pounds. The plan aims to produce more different films in all new aspects and at the same time build more room to support young writers. The institute has said in its official statement that the British cinema has witnessed a jump in the last two years which was showing in receiving an Oscar for Best Picture in "The King's Speech" and a rise in the gross of films from 5% to 11% thanks to "Harry Potter" two last parts.The Government is depending with this project on the National Lottery fund where 60 million pounds will be annually set for cinema production and the returns will belong to the filmmakers. They are hoping to reach a budget of 75 million pounds for filmmaking by 2017 instead of the current 15 million.Also, part of this fund will be sent for Classic British films that need restoration to maintain as much as they can from their national culture.

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