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HBO says Brexit won’t hurt ‘Game of Thrones’ production
As Britons head to the “Brexit” polls Thursday to decide whether or not, as a country, they want to leave the European Union, GoT fans may want to consider the ramifications their decision may have on the show.
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According to an article in Foreign Policy, British film and television shows were given $32 million over the last 7 years to subsidize their production costs. Because it films there, HBO now benefits from subsidies from the European Regional Development Fund. It is far too early to know the full impacts on the UK’s decision to go it alone, but those involved with HBO and Game of Thrones have already come out to attempt to quell any potential fears.
NIS issued a statement on Friday saying the organisation “does not use monies provided from European-funded programmes”.
Anyone who says otherwise is just excited to squeeze “Brexit” and “Game of Thrones ” in the same headline.
The show, now in its sixth season, has a budget of US$10 million per episode, according to Entertainment Weekly. After the results, which saw 52% of the voters decide to leave the EU, Michael Ryan, the chairman of the Independent Film and Television Alliance, told Variety that the results had the possibility to be “devastating” for U.K.’s film and TV industries.
In a statement provided to The Hollywood Reporter, Michael Ryan, chairman of the global entertainment industry trade association Independent Film & Television Alliance, said the decision is “likely devastating” to the United Kingdom film and TV industry. The fund is created to boost economic growth across the Union.
Many artists, actors, authors, and other leaders of Britain’s creative industries have made their opposition to the Brexit public.
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“From the smallest gallery to the biggest blockbuster, many of us have worked on projects that would never have happened without vital European Union funding or by collaborating across borders”, the letter read in part.