The ownership of the National Film Trustee Company Limited (“NFTC”) has changed from British Screen Finance Limited to Freeway Entertainment Group (“Freeway”) with effect from May 2010.

 

Founded in 1971 and a subsidiary company of the UK Film Council since 2000, NFTC has played an important role in supporting the growth and development of the British film industry. It currently administers revenues for more than 460 films, including many classics of British film and European cinema.

 

Freeway is a financial services company operating in the international entertainment industry, a market-leader dedicated to maximizing the earning potential of its clients’ entertainment assets.  Using tailor-made royalty collection and flexible revenue administration systems, Freeway offers an effective solution to its clients’ royalty management needs. Freeway’s three main activities are:

 

- Collection Account Management;
- Intermediary Licensing and Distribution; and
- Revenue Reconciliation Services.

 

On behalf of the entire team at Freeway, we are proud and delighted to welcome you as clients of our company.

 

As part of its endeavours to reduce overheads in a rapidly changing film industry economy, British Screen Finance Limited conducted a review of options available to NFTC: It concluded that, going forward, NFTC’s clients would best be served by NFTC‘s operations being incorporated with those of a larger company.

 

As new owner of NFTC, Freeway intends to merge the collection account management divisions of NFTC and Freeway. Freeway is currently undertaking organisational changes in order to adopt the best practices of both organisations to ensure that clients will receive the best collection account management and revenue administration services.

 

You should not notice any interruption of service and the future revenues on your films will continue to be distributed in accordance with the terms of your existing collection account management agreements.  The unique legal and financial structure of the company from a trust perspective will not be changed. We will continue to hold all monies on trust which ensures our clients are protected in the event of insolvency, changes in ownership or otherwise.

 

The only changes we anticipate are:

 

National Film Trustee Company Limited will be renamed as Freeway CAM (UK) Limited

 

The registered and correspondence address will be:

 

    Freeway CAM (UK) Limited
    6 St Andrew Street

    5th Floor

    London

    EC4A 3AE

    United Kingdom

 

The telephone number and facsimile number will be become:

 

Telephone:    +36 1 473 4300

Facsimile:      +36 1 473 4301

 

The e-mail addresses will remain unchanged.

  

Additionally, you can reach us via: nftc@freeway-entertainment.com
 
The following individuals have been appointed as new directors of the company:

  

   Mr. Neil Arthur
   Mr. Martijn Meerstadt

 

In the event that there are any specific changes affecting any of your productions, or if any action, decision or input is necessary, we will contact  

you individually. 

 

In order for us to update our records and to provide you with direct and prompt communication regarding our service, would you please confirm your address, telephone and fax numbers and e-mail address. Please send this information, together with the names of the films with which you are involved and the relevant companies’ names, to us at nftc@freeway-entertainment.com.

 

If you have any questions, please do not hesitate to contact us.

 

We look forward to serving your collection account management needs.

 

 

Neil Arthur
Martijn Meerstadt
and all others at Freeway CAM (UK) Limited

 

July 2010 

 

Freeway Entertainment Group is a TMF Group company.