EXCLUSIVE: Arts Alliance, the dad or mum firm of London’s Backyard Studios, right this moment launched a brand new co-production initiative geared toward supporting impartial characteristic movies.
The programme will present eligible productions with a mix of fairness funding and a cashflow facility, obtainable to movies taking pictures at Backyard Studios in London.
The scheme will goal characteristic movies with budgets within the £5–10 million vary. The corporate mentioned the initiative is designed to assist full financing packages and entice “top-tier filmmakers to the distinctive capabilities provided by Backyard Studios.”
“We work very arduous to be accessible to impartial filmmakers, difficult them to embrace know-how and to get extra artistically out of budgets by delivering tasks sooner to create worth for all,” Thomas Hoegh, founder and CEO of Arts Alliance and Backyard Studios, mentioned in a press release. “Personally, and thru our corporations, we’re enthusiastic about cinema and supporting manufacturing.”
Situated in North West London, Backyard Studios boasts 8 sound levels and eight warehouses in addition to a digital manufacturing stage. The studio was established in 2021 and encompasses greater than 300,000 sq. toes of manufacturing area.
Arts Alliance has backed a various vary of corporations, together with Ocado, Lastminute, Picturehouse Cinemas, LoveFilm, Arts Alliance Media, Metfilm Studios, Metfilm Faculty, and Park Circus.