Film and television producers worry the Brexit will create uncertainty and could unravel much of the financial infrastructure the independent industry relies on.
“The decision to exit the European Union is a major blow to the U.K. film and TV industry,” said Michael Ryan, chairman of the Independent Film & Television Alliance in a statement. “This decision has just blown up our foundation – as of today, we no longer know how our relationships with co-producers, financiers and distributors will work, whether new taxes will be dropped on our activities in the rest of Europe or how production financing is going to be raised without any input from European funding agencies. The U.K. creative sector has been a strong and vibrant contributor to the economy – this is likely to be devastating for us.”
Source: Brexit Is “Major Blow” to Film, TV Industries – Hollywood Reporter

In a keynote address at the CineEurope convention this week, MPAA Chairman and CEO Chris Dodd described the unblocking goals as a threat to the movie industry. Encouraging participants to reach out to their representatives, Dodd described the concerns as “real, very real.”

Already, someone alive today, will launch in the next 2 years what is essentially the most powerful free music sharing service akin to a Spotify-like service, except unlicenced, because it will enter the world anonymously as part of some likely combination of blockchain technology, magnet links, torrents, smart contracts, AI, and so on. You can’t take it down and you can’t sue it because no one owns it or operates it. You can’t file suit against a bot and you ain’t seen “free” until you’ve seen what this thing will do to the entire market.
