The film studio Pinewood Shepperton hopes to grab a share of the profits of successful British movies, such as The King's Speech, by investing in small budget British films.
Pinewood, where the James Bond and Harry Potter films are shot, said it plans to invest as much as a 20 per cent stake in up to four films a year with production budgets of about £2m.
It is the first time that Pinewood has planned this type of investment since it was making the Carry On films in the 1970s. Ivan Dunleavy, its chief executive, said that while it "did not rush into these types of initiative", The King's Speech had been the latest in a long line of hit British films, citing other successes including Slum Dog Millionaire. The King's Speech only cost £9m to produce and has so far taken more than £150m at box offices globally.
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