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PRODUCTION UK

F&ME and Molinare form lucrative merger

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As their film White Lightnin' [+see also:
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]
, directed by Dominic Murphy, has its European premiere tonight in the Panorama sidebar of the Berlinale, UK production house F&ME has unveiled a multi-film facility/housekeeping deal with leading UK facility company Molinare, which could prove attractive for European co-producers.

“In forging this new relationship, we are creating a partnership that can structure productions and co-productions in such a way as to maximize the UK tax credit potential not only for our own indigenous productions but also in the rapidly dwindling co-production market,” said F&ME Managing Director Mike Downey. “Together, we have developed a template that will bring back to the UK some of the co-production business that was lost in the wake of the demise of Section 48 and Section 42.”

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Molinare, based off London’s Carnaby Street, is majority owned by Indian giant Century Communications. The company has invested over £4.5m in state-of-the-art technology over the last five years. Future F&ME productions set to use Molinare facilities include Iceland’s Reykjavik Whale Watching Massacre by Julius Kemp, now in post-production; as well as Bulgaria’s Mission London by Dimitar Mitovski and Finland’s The Debt by Joona Tena, both set to shoot this year in the UK.

F&ME has three films at the Berlinale: White Lightnin’, competing for the First Feature Award and sold internationally by Salt Company; Nick Stringer’s documentary Turtle: The Incredible Journey, sold by Sola Media; and Croatian/Bosnian Buick Riviera, a triple winner at the latest Sarajevo Film Festival.

Upcoming projects include The Voyage of the Beagle by star filmmaker Stephen Daldry (The Reader [+see also:
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]
), chairman of F&ME; Dominic Murphy’s Jesus Christ Airlines; and Viking by Iceland’s Egil Odegard.

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