The Isle of Man Government has launched a $35.6m (£25m) fund to attract big-budget films to use it as a location

The so-called Media Development Fund will invest in films, as well as develop an infrastructure for the film sector. The Isle of Man government aims for the fund to retain and re-invest a proportion of the income it generates.

"There are an increasing number of bigger budget films wishing to do business with our Film Commission," said Allan Bell, Treasury Minister. "We have decided to make long term investment to build on the benefits both to the film industry and the Isle of Man's economy."

The Isle of man has attracted 37 smaller-scale film productions since 1995, offering up to 25% of the film budget as direct equity investment. Titles include Waking Ned, Relative Values, Me Without You and The Heart Of Me.

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