The number of films being made in Britain has fallen to the lowest level since at least 2003, with those that are being being made on strikingly lower budgets.
The figures appear in the British Film Institute’s yearbook, which in 200 pages of tables and trends tells a story that is best described as mixed.
The number of films made was down from 87 in 2009 to 79 in 2010. Total films made in Britain, including Hollywood productions and co-productions, fell from 150 to 128 last year.
There were 355 “non-mainstream” films released in 2010, making up 64% of the total number of theatrical releases. They grossed £66m but represented only 6.5% of total box office earnings.
The report also highlights trends, showing continuing fall in DVD rentals and the yet to really take off video on demand market.