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Future Films offers five film deal for investors

Film funding vehicle Future Films is launching five feature film projects available to UK investors.

The first of the films, a romantic comedy called Laws of Attraction starring Julianne Moore and Pierce Brosnan, is set to start shooting in June. It will be made in the UK and Ireland by director Peter Howitt of Johnny English and Sliding Doors fame.

Twenty per cent of funding for each film will come from private investment and 80 per cent from borrowing. Investors are entitled to 40 per cent income tax relief and benefit from 3-6 per cent of total gross revenue from the films.

If the film is a flop, investors can claim a complete rebate of their investment from the company paid back over 20 years.

Other movies are Pride and Prejudice Bollywood Style, the sequel to Basic Instinct called Risk Addiction, and Beyond the Sea, a biopic of Bobby Darin, starring Kevin Spacey.

Future Films chief executive Tim Levy says: “For the UK, the structure is simply ground-breaking, particularly since partners will enjoy flop-proof protection on the downside and an unusually privileged position in case of success.”

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