Entertainment
Film publicist Rob Deacon establishes Phoenix Film Finance for UK independent productions
The company plans to provide loan rates for the Independent Film Tax Credit targeting projects budgeted up to £3 million.
The short version
- UK film publicity veteran Rob Deacon has established Phoenix Film Finance alongside executive producer Ian Davies.
- The venture provides cash-flow financing for the UK Independent Film Tax Credit, focusing on loans under £500,000 for independent films budgeted between £2 million and £3 million.
- The initial financing slate features three titles, including Carol Morley's "7 Miles Out," documentary "The Game of Chaos," and animated feature "Pale Pink."
Key facts
- Rob Deacon launched Phoenix Film Finance in collaboration with Initialize Films executive producer Ian Davies.[Variety]
- Phoenix Film Finance aims to offer tax credit loans below £500,000 for UK independent productions budgeted at £2 million to £3 million, as well as VAT cash flowing and selective gap and equity financing.[Variety]
- The company's initial slate includes Carol Morley's "7 Miles Out," Ari Matikainen's documentary "The Game of Chaos," and Kuba Mikurda's sci-fi animation "Pale Pink."[Variety]
- Carol Morley's "7 Miles Out" is set to premiere in competition at the BFI London Film Festival, while "Pale Pink" is scheduled for release in 2028.[Variety]