Sky launches film studio to best Film 4 and BBC Films
BSkyB has announced it has assembled a war chest amounting to the “tens of millions” to establish a new film studio to rival Film 4 and BBC Films.
The move is being seen as a bid to counter allegations that the broadcaster is failing to invest in British content and will focus on mid-budget family friendly flicks which will premiere on Sky Movies.
This follows the success of several mini serials, including Treasure Island and Neverland, with the aim of broadening the broadcaster’s subscriber base.
Production is believed to have already begun on the first two films, each carrying a budget of around £5m, both of which will premiere next year.
BSkyB has pledged to invest £600m in British programming by 2014.