In 2002 Tessa Ross was introduced to the company and become the controller of Film4 and Channel 4 Productions.
The company needed to boost annual investment after almost going bankrupt and they managed to do this through third party partnerships.
After this the company will no longer distribute its own films. They are now partnered with Studio Canal and Warp Productions.
Film4 make and distribute around 6-8 films per year.
They set up a low-budget studio with the film council and distributers Optimum and Warp X which were their digital production house.
As the company work across TV and film drama this allows for economies of scale and cross-fertilisation so therefore this ablest hem to think carefully about where to position each of their films.
Ross see's Film4 as a part of a wider creative community e.g Working Title, The BBC and BBC Films
Warp X and a Film4/UK film council joint project with the Sheffield bases indie 'Warp'- this means that they can definitely finance three low budget films each year
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