Nik Bower, director for Ingenious Investments, explains the tax efficient way to profit from film.
Queen Victoria was still on the throne when the brothers Lumière set up a makeshift screen in a Paris café and ran a single reel of film showing the arrival of a train at La Ciotat station. Legend has it the audience ran screaming into the night for fear of being run over by the approaching engine. Somewhat surprisingly, the inventors of the cinématographe concluded that “the cinema is an invention without any future” and turned their attention to advancing the science of still photography instead. Today, cinema gate receipts alone exceed $10bn every year – and total spending on filme...
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