Actually, On Second Thought, We’re Fine, Thanks

When the British government closed a tax loophole covering the private funding of major films, the UK film industry went ballistic, claiming that the change would literally kill off the nation’s movie business. A few months on, however, the industry is admitting that new sources of funding have been found, and nothing has really changed. In fact, experts expect “the numbers of films and jobs in the industry in 2004 to end up roughly the same as 2003.”