LondonNet News Headlines
|British Film Industry To Benefit From Hollywood Strike
- US filmmakers could target Britain as A-list actors threaten industrial actio
THE BRITISH film industry may be given another boost by way of a massive actors strike from across the pond that could send US filmmakers to the UK.
Hollywood stars are threatening to go on strike in the US over pay - a move that could temporarily cripple the movie industry. Studio bosses are working flat out to complete movies before the industrial action gets underway.
But it could mean good news for Britain. With production in Hollywood grinding to a gradual halt, US film-makers have several reasons to re-locate to London, not least because production costs are much cheaper over here, and it's somewhat unlikely they'll face actor demands of UKP20 million a film either.
The fortunes of the British film industry have blossomed recently. Last year, films such as The Mummy Returns, Tomb Raider and Pearl Harbour netted a whopping investment total of UKP750 million.
British filmmakers are also optimistic about UK movies cracking the US market and finding their way onto American multiplexes as a result of the strike. A spokesperson for the British Film Council said: "There are plenty of good British films waiting to be seen in the States, and you never know, this may be the break we have been waiting for."