Exclusive: Vue founder and CEO Tim Richards caused a stir last month with an intriguing appearance in front of the UK Parliament’s British Film & High-End TV Inquiry.
Launched by the influential Culture, Media and Sport Committee, the bipartisan inquiry has spent weeks interviewing industry figures as part of an investigation into the current state of film and TV production in the UK. Richards appeared at the session alongside Picturehouse Managing Director Clare Binns and Alex Hamilton, CEO of Studiocanal UK, who both expressed fairly downbeat conclusions about the current and future position of independent British cinema. Richards, however, was the dissenting voice.
The longtime Vue chief set out an optimistic vision for independent British cinema informed by the performance and variety of films on his screens across the UK and Europe. His only gripe was that the market isn’t unearthing enough projects to service operators, which is why...
Launched by the influential Culture, Media and Sport Committee, the bipartisan inquiry has spent weeks interviewing industry figures as part of an investigation into the current state of film and TV production in the UK. Richards appeared at the session alongside Picturehouse Managing Director Clare Binns and Alex Hamilton, CEO of Studiocanal UK, who both expressed fairly downbeat conclusions about the current and future position of independent British cinema. Richards, however, was the dissenting voice.
The longtime Vue chief set out an optimistic vision for independent British cinema informed by the performance and variety of films on his screens across the UK and Europe. His only gripe was that the market isn’t unearthing enough projects to service operators, which is why...
- 5/15/2024
- by Zac Ntim
- Deadline Film + TV
Picturehouse managing director Clare Binns and Vue CEO Tim Richards offered differing outlooks on the condition of the UK exhibition sector, speaking at the latest UK cross-party Culture, Media and Sport Committee yesterday.
“The industry’s in a bit of crisis at the moment, because it doesn’t really know where the future is,” said Binns, responding to a question from Committee chair Caroline Dinenage about how the next 10 years will look for the UK industry. “The franchise movies are costing more to make, and the profits are less than they were.”
Binns acknowledged the success of two original films...
“The industry’s in a bit of crisis at the moment, because it doesn’t really know where the future is,” said Binns, responding to a question from Committee chair Caroline Dinenage about how the next 10 years will look for the UK industry. “The franchise movies are costing more to make, and the profits are less than they were.”
Binns acknowledged the success of two original films...
- 4/24/2024
- ScreenDaily
“We’re in a crisis situation,” Picturehouse Managing Director Clare Binns concluded this morning when quizzed on the current challenges facing British cinemas during an appearance at the UK’s British Film & High-End TV Inquiry.
Binns, who has been with Picturehouse since 2003, was joined in front of the committee by Vue CEO Tim Richards and Alex Hamilton, CEO of Studiocanal UK. The trio spoke for over an hour about various topics surrounding the distribution and exhibition of British films, each with differing opinions and approaches.
“The industry is in a bit of crisis at the moment because it doesn’t really know where the future is,” Binns continued. “Since Covid, streamers coming into the marketplace and now the franchise movies are costing more to make and the profits are less than they were. So the studios are looking now at what they’re making.”
Binns added that the runaway success...
Binns, who has been with Picturehouse since 2003, was joined in front of the committee by Vue CEO Tim Richards and Alex Hamilton, CEO of Studiocanal UK. The trio spoke for over an hour about various topics surrounding the distribution and exhibition of British films, each with differing opinions and approaches.
“The industry is in a bit of crisis at the moment because it doesn’t really know where the future is,” Binns continued. “Since Covid, streamers coming into the marketplace and now the franchise movies are costing more to make and the profits are less than they were. So the studios are looking now at what they’re making.”
Binns added that the runaway success...
- 4/23/2024
- by Zac Ntim
- Deadline Film + TV
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