Production finance event aims to set up over 800 meetings
The Film London Production Finance Market (PFM) is back. The two-day event, held during the London Film Festival, returns for a fifth year on October 19-20.
The PFM is dedicated to connecting producers with financiers to encourage new film financing relationships. Previous editions have been directly responsible for getting a number of new features into production including Sixteen Films’ Oranges And Sunshine and Razor Films’ The Future.
A report has revealed that that financiers offered successful producers an average of $5.8m per project at last year’s event, with additional deals still in negotiation.
In addition to production funding, projects have also attached co-producers as well as securing sales and distribution deals as a direct result of the market. Applications for this year’s event are now open.
The PFM, popular with producers and financiers alike, aims to arrange over 800 focused face-to-face meetings over its two days. In 2010 the PFM was attended by 150 delegates from 18 countries featuring companies such as Warner Bros, Focus Features, Summit Entertainment, Paramount and Lionsgate UK as well as France’s Wild Brunch, Italy’s RAI Cinema, Spain’s Tornasol and Germany’s Bavaria Film International.
Over the past five years the PFM has developed a number of international partnerships. As well as established and successful partnerships with the Ile de France Film Commission, Rome International Film Festival and Melbourne International Film Festival’s 37ºSouth Market the PFM is also looking to secure new partners in Germany and is undertaking an outreach programme in the US.