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The Plotz thickens for investors in UK films

Curzon Capital is to sponsor Movision Management&#39s first series of

film partnerships intended to offer tax relief for investments in

British film and TV productions.

The partnerships have been structured to benefit from capital

allowances for film and television finance. These allow investors to

finance the investment from existing tax liabilities or tax already

paid. Investors also receive a small tax rebate.

The partnerships will be advised by UK-based film company Spice

Factory and Ministry of Vision, which was co-founded by best-selling

author Peter James.

Films produced by Spice Factory include Plotz With a View, starring

Brenda Blethyn, Alfred Molina (both pictured above), Lee Evans and

Christopher Walken, and Pilgrim, starring Ray Liotta.

Curzon hopes to raise £50m this year to produce at least 20

feature films and TV dramas before 2005.

Senior executive officer Christopher Derricott says: “The

partnerships represent a very interesting opportunity since the UK

Government is effectively financing the partners&#39 entire investment.”

Spice Factory joint chief executive officer Michael Cowan says: “This

provides the opportunity to create the biggest and potentially most

profitable independent film and television financing vehicle in the

UK over the next five years.”


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