AGC CEO calls TV 'nanny mentality' model dead
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- Stuart Ford told the Creative Cities Convention in Liverpool that the TV funding model’s “nanny mentality” of waiting for broadcasters/streamers to provide money and then taking a fee is over.
- AGC Studios has backed projects such as Jude Law’s The Order and the BBC Beatles biopic Hamburg Days, and is increasingly bridging financing gaps for UK drama series that need US sales partners.
- AGC Studios says it is willing to assume risk on U.S. sales, a stance most European companies avoid, allowing it to close the funding gap for trans‑Atlantic productions.
- Independent film remains “scrappy and entrepreneurial” but “brutally tough,” with systemic financing problems that are unlikely to be solved soon, according to Ford.
Why it matters: UK drama producers gain a new financing partner willing to risk U.S. sales, while risk‑averse European firms lose competitive edge; independent filmmakers face continued funding scarcity, limiting creative output.
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