Can facilities survive the current lull until new proposed enhanced tax relief kicks in? Adrian Pennington reports.
The promise of a more internationally competitive tax scheme targeted at the UK’s VFX industry can’t come a moment too soon for facilities, but lobby group UK Screen Alliance will be holding this and future governments feet to the flames to ensure the bill is passed by 2025.
“A number of companies are hanging on with white knuckles onto this timeline,”
Neil Hatton, CEO of UK Screen Alliance, told IBC365. “We can see the light at the end of the tunnel with the end of the strikes and the light is brighter now we have a promise of greater tax relief. But we’ve got to get there first.”
The affirmation of the government’s commitment to supporting the VFX sector in the Autumn Statement is a welcome boon to the beleaguered sector.
“What was announced was a significant step forward in that the previous promise from the government delivered on...
You are not signed in
Only registered users can read the rest of this article.
Spatial computing: “Instead of showing people a story, you’re letting them inhabit it”
Leveraging generative AI, computer vision, and data from real environments, spatial computing has opened the door for cutting-edge systems that blend the physical and digital worlds into a new frontier of human-technology interaction.
NAB preview: Automation, reinvention and politics to steal the show
NAB 2026 looks set to bring a raft of creativity and technological innovation, yet serious political and environmental questions remain.
How vertical video became the new frontline for live sports
Live sports entertainment remains the most powerful driver of real-time engagement in media, but the format through which it’s delivered is rapidly evolving.
From green screen to Unreal worlds: The tech stack driving virtual production
As broadcasters and content creators embrace in-camera VFX and data-driven workflows, a new technology stack is redefining what can be achieved on set and who can afford to achieve it. Framestore’s Connor Ling explores the possibilities of this evolving ecosystem.
Software studios: How inevitable is fully software-defined production?
With the rise of free, high-quality media tools, physical broadcast production hardware is looking less and less essential. IBC365 investigates.
