Clerks, Reservoir Dogs, Roger and Me: It may be hard to tell what these films have in common -- but they all got their start at New York's Independent Feature Project Market.

  The UK Film Council has awarded an extra £700,000 to boost P&A to promote access to arthouse cinema for film goers. The Prints and Advertising Fund aims to bring a broader range of films to audiences across the UK.

  American filmmaker Kurt Burk has set up a production company with a completely novel way of raising capital to fund his film projects – one that may get around the problem of financing new work in a conservative film funding climate. One Brick Productions is selling off equity shares in Burk's films one brick at a time.

Pinewood Shepperton, the studios group chaired by BBC chairman Michael Grade, has reported a near 60% fall in operating profits, reflecting the decision by many Hollywood studios to desert the UK because of uncertainties over tax breaks. Profits fell from £11.4m in 2004 to just £3.7m for the year to December 2005 as US movie studios abandoned the UK as a production base.

A union of  of hedge funds and Hollywood is crossing the Atlantic, with two upstarts forming a new investment fund for high net worth individuals to back British films. Writer-Director Gregory Mackenzie and former Morgan Stanley analyst Brett Walsh, have set up the Lexington Film Fund. To date the fund, which has raised more than £500,000 ($870,000) and seeks to gather up ...

Disney is poised to invest in India's film industry. Walt Disney Company (India)  already has a presence in the kid’s television segment through Disney Channel and Toon Disney in India, is now setting sights on Bollywood.

Chancellor Gordon Brown's announcement is good news for the British film industry and makes the UK an attractive place to make films according to  John Woodward CEO of the UK Film Council. He said films will now be required to spend at least 25% of their budgets in the UK to qualify for tax relief - down from the proposed 40%.

In his 2006 Budget report, the UK Chancellor of the Exchequer Gordon Brown confirmed the Pre-Budget announcement of a new tax relief system replacing Section 42 and Section 48 from 1 April this year.

The glossy, glamorous and prolific movie industry of India - biggest in the world outside of Hollywood - is after European and American mass audiences. - and not just audiences. Bollywood is also beginning to seek out western investment..