Creative Scotland Investing $1 Million Into Initiatives to Boost Scottish Film Industry

Among the four initiatives is Scottish production banner Sigma Films.

Scottish government backed agency Creative Scotland is pumping £1 million ($1.6 million) into a quartet of initiatives in an attempt to boost Scottish cultural content, develop audiences and bring fame and fortune to Scottish film companies.

Among the four initiatives is Scottish production banner Sigma Films.

It secures a quarter of the cash to help set up its distribution arm Sigma Releasing, to co-release its titles with other distributors and contribute to the p&a costs. An example would be the company's collaboration with Icon for the rollout of You Instead, starring Luke Treadaway.

Also benefiting from Creative Scotland largesse to the tune of £500,000  ($810,000) is a co-venture with the existing Aegis Fund and Prescience, named the MacKendrick Fund. It will offer debt and equity finance to local and international movie projects with Scottish elements or those to be shot in Scotland or post-produced there.
 

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