Hollywood star to lead latest Wales Creative IP Fund
production
17/01/06
Hollywood actress Faye Dunaway is the latest star to begin work
on a new film in Wales supported by the Wales Creative IP Fund,
managed by Finance Wales on behalf of the Welsh Assembly
Government.
The Academy Award winning star of Bonnie and Clyde, Chinatown,
and the Thomas Crown Affair is filming a horror film entitled Flick
in Cardiff this week alongside Liz Smith (Nanna in The Royle
Family).
The film is the latest project to receive support from the
£7million Wales Creative IP Fund which has already invested or
sanctioned nearly £3 million of investment into three films, two TV
productions and a new media project since April, 2005.
Flick, which is the work of David Howard, a Cardiff born and
educated writer/director, is being filmed in and around Cardiff and
Pontypool for 10 days with Faye Dunaway playing the role of
one-armed Lieutenant McKenzie.
The production is further supported and co-financed by the Film
Agency for Wales, with support from the Arts Council of Wales
lottery funds, and Cardiff and Caernarfon-based post-production
company, Barcud Derwen, as well as private equity.
Andrew Davies, Minister for Enterprise, Innovation and Networks,
said: “The Wales Creative IP Fund is proving a real success in
stimulating growth in the creative industries in Wales and
attracting productions to Wales. Flick is just the latest example
of a production taking advantage of the finance and facilities
available in Wales.”
“Indeed, the fund has invested or sanctioned nearly £3 million
into a growing list of projects which in turn are pumping millions
into the economy through Welsh television, film and new media
facilities. We are showing the world how great our creative
industry is and we can be justly proud.”
The Wales Creative IP Fund is designed to boost the creative
industries (film, TV, new media and music) in Wales by investing in
new projects in return for a stake in their profits.
Its existence has attracted major productions to Welsh
locations, including the Brecon Beacons, Gower, Cardiff and the
Tywi Valley.
The Fund is managed by Finance Wales, a wholly owned subsidiary
company of the Welsh Assembly Government created to provide
commercial funding to Welsh SMEs.
Monster Films, producers of Flick, was established with a
dedication to the development and production of original scripts
for the horror and thriller genres. Producer Rik Hall and David
Howard established Monster Films in London in 2002 before opening
an office in Cardiff last July.
Rik Hall, producer of Monster Films, said: “We moved our
business to Wales in 2006 and we’ve been impressed with the level
of support available from the Wales Creative IP Fund and the Film
Agency for Wales. Creative Business Wales and the Wales Screen
Commission have also been instrumental in keeping the production in
Wales”.
“The Wales Creative IP Fund is a great tool to stimulate the
growth of the creative industries in Wales. Working alongside
funding organisations such as the Film Agency for Wales and
Wales-based production companies such as Barcud Derwen, we believe
we are bringing valuable investment into Wales through the use of
production crews and facilities here.”
Linda James, Wales Creative IP Fund Manager, said: “The
provision of gap finance for productions such as Flick is vitally
important in ensuring such productions can go ahead. As well as our
investment flowing into the Welsh economy, the Wales Creative IP
Fund has been able to provide expert advice and market knowledge to
the producers in bringing this film to fruition. It is also
encouraging that the two public providers of film finance have been
able to collaborate in support of a Welsh writer/director.”
Pauline Burt, Chief Executive of the Film Agency Wales, said:
“We are delighted to have had the opportunity to facilitate this
production, particularly given it is a debut feature of a clearly
talented Welsh writer/director and a Cardiff based production
company. We are intent on supporting key talent and furthering
their future careers wherever possible – as demonstrated by the
fact that we are already looking to support David and Rik with
their next production”.
Flick will be released worldwide by AV Pictures later in the
year.