"These new figures show the benefit to Scotland’s economy significantly outstrips the original investment" - Fiona Hyslop Photo: Howard Lake |
Scotland's film and television industries have generated £60M for the wider economy since the launch of the Production Growth Fund in 2015, it was announced today. This means that over the past year it has generated twice what it made during the first two years in which the fund was available.
Through the fund, a total of £3.7M has been spent on encouraging film and television productions to be based in Scotland. £4M has been provided by Creative Scotland from National Lottery funding over the same period.
A new Screen Unit, currently in development, is aiming to double production spend over the next five years.
"The Production Growth Fund has become a vital tool to support our screen sector by ensuring a steady stream of work for the highly skilled people who work in the industry," said Scottish Culture Secretary Fiona Hyslop.
"With overall production spend increasing by more than 30% last year to another record high, Scotland’s film and TV industry is in excellent health. The new Screen Unit will build on that and drive forward even more benefits for Scotland’s facilities and crews."