Thursday, July 19, 2018
You are here: Isle of Man > Isle of Man News
Isle of Man News
General News
Isle of Man Backs New Film Financing and Production Group to Manage Media Development Fund 22 August 2007

Steve Christian, Gillian Duffield, Andrew Fingret and Marc Samuelson launch CinemaNX.

22 August, 2007. Douglas, Isle of Man. CinemaNX, a new film financing and production group and to be known as NX, is launched today by Steve Christian, Gillian Duffield, Andrew Fingret and Marc Samuelson and has been appointed by Isle of Man Film to manage Media Development Fund. NX, headed by Steve Christian and to be based on the Isle of Man, will provide film and television producers a unique combination of production expertise and experience of international film financing. NX will add value to the production procedure by overseeing the entire physical production process. NX will take responsibility for the London based team of Samuelson Productions with immediate effect.

Steve Christian, (NX Chairman), commented; “The progress made by the Isle of Man film industry over the past ten years has been incredible. However, the recurring difficulty we have faced, like any other jurisdiction, is providing a steady flow of product. The biggest factor outside of our control has always been production timing. To overcome this problem NX will take a much more hands-on role throughout the production process. Marc and his team have vast industry and production experience and will contribute enormously to the future of the Manx film industry.

In developing the concept of NX I wanted to be certain that we could control the entire process of film making, including all of the extensive commercial and financial aspects of production. In persuading Gillian Duffield and Andrew Fingret to join us, we have secured the services of two of the industry’s leading players in their respective fields who are committing their talents to the future of the Manx film industry. The Media Development Fund, which has grown from £25 million when established in 2002 to its present balance of approximately £50 million, will be the cornerstone investment that we will utilise to attract high calibre, international production to the Island. It is likely that our approach will attract much higher levels of investment over the next twelve months”.

David Cretney, Trade and Industry Minister, remarked; “We are delighted that the Manx Industry is setting out, yet again, to be a pioneer in the world of independent film. I am confident that the NX model is the way forward, not only for the Island’s film industry but also for independent film generally. For Steve to have persuaded top executives like Marc, Gillian and Andrew to join NX only reinforces my confidence”.

NX will continue to work very closely with the Isle of Man Film’s established team headed by Hilary Dugdale, who says; “I am confident that NX will be a major boost for the Manx film industry. Having spent a great deal of time with the NX team over the last three months I am certain that the Isle of Man is going to attract the best independent production from around the world.”

The decision to follow the NX model was alluded to in Treasury Minister Allan Bell’s annual budget speech in March, 2007. Mr Bell commented; “I am particularly pleased that the initiatives outlined in my budget speech have come to fruition as planned. I am certain that this move will be a huge factor in building upon the recent success of the Isle of Man film industry and will further our opportunities to benefit from this particularly valuable source of Exchequer Benefit and economic diversification”.

David Cretney concluded; “I would like to add my special thanks to everybody in the film office who have embraced the challenge of taking our industry to the next level. I would also like to thank Cains who have been so instrumental in building our commercial reputation throughout the industry and who have agreed so positively to allow Andrew Fingret to join the NX team”.

More stories >>>  

Related News Articles
Jeff Wayne's The War of The Worlds The New Generation at the Broadway Cinema 11 & 14 April 1 March 2013
Jeff Wayne’s Musical Version of The War of The Worlds – Alive on Stage! [More]
Treasury Minister looking forward to productive partnership with Pinewood Shepperton 21 December 2012
TREASURY Minister Eddie Teare MHK says he is looking forward to the Isle of Man continuing to reap the rewards of its partnership with Pinewood Shepperton plc. [More]
Fire and Rescue Service launches Facebook page 10 December 2012
THE Isle of Man Fire and Rescue Service is strengthening its social media presence as part of an ongoing drive to inform, educate and protect the Manx public. [More]
Department of Economic Development hails 'Cav factor' as Isle of Man gets media coverage boost with growing interest in cycling 24 July 2012
The Department of Economic Development’s Tourism team has hailed the 'Cav factor' as the Isle of Man receives a huge boost in terms of media coverage and awareness as a result of the success of the Island’s cyclists in international competition. [More]
Export Trade Controls 3 July 2012
In the light of recent media reports concerning the alleged involvement of Isle of Man companies in the shipment of military equipment between third countries, the Customs and Excise Division wishes to remind businesses of controls which impose restrictions and prohibitions on the trade in certain goods between other countries (sometimes referred to as "trafficking and brokering"). [More]

Other Guides by Maxima Systems Ltd: Disney World