Take this for what it's worth. I'm just a fat man in Green Bay, Wisconsin who watches lots and lots of movies, and owns between 700 and 1100 in various formats (VHS, DVD, Beta and laserdisc- most of which I just sold so that's why I don't have a more accurate count for you). I've studied film history for 20 years and hope to make it in the near future. I'm not as accomplished as ACE (who is my hero by the way) but I'm active in the Independent Filmmaker's Guild and have my own Production Company that went live 1 January. Mythic Productions, watch for it.

"
Interesting role model" Bad choice for a hero, Major Bloodnok

I'm not accomplished at all. Yet....Anyway, you are far more qualified than me to talk about, perhaps, the art of film. You have an impressive resume.
That said- my opinion is that the best writers, actors and directors- as well as many cinematographers come from Britain. How is it that the movies aren't BETTER than US films?
Like ACE says, there are a few companies that are backed by American companies and have a huge money pot to draw from, but as we've seen, money doesn't make a good movie (DIE ANOTHER DAY anyone?). Are we talking about American productions that take place in London? Or are we talking about homegrown British films? Or even films made by the BBC which, compared to a ABC, NBC, CBS movie of the week, are far superior. I own many on dvd and enjoy them frequently.

I was talking about UK financed and developed feature films for cinema exhibition. Of course, British TV and music is very, very good. But TV is a different medium with its own set of rules and creative/economic parameters.
I would ask ACE, with this movie you coproduced that disappoints, what is it that is so bad? Obviously the script passed muster at one point. The director must have satisfied sometime during preproduction. The cast and crew were chosen for their skills. How did it go so bad? I'm not saying that you did a bad job, even though you already said that. What you need to address, and not with us, is what is bad and how can it be fixed and even avoided in the future.
And then, would that film have been better if produced in Chicago?

Good points. Firstly, I was not involved throughout the development process. The shooting scripts were presented as a
fait accompli. I wanted at least another 3 months and more development time. I can't go into the detailed specifics.
As for fixing, that's what we're in the process of doing now.
It's not necessarily the geographical location of production but the know-how and sensibility. I think any film would be different if produced in Chicago because the basic nature of how film in perceived in the US.
I remember waiting for STAR WARS EPISODE ONE for fifteen years. Then, the summer it comes out I see it, liked it a lot, but was blown away by another film that summer called NOTTING HILL. It's in my top five faves of all time and I don't like Julia Roberts all that much!

OK, this is where I get flamed. I LOVED The Phantom Grimace. And Attack of the Clowns. I liked Notting Hill. But those 2 films cannot be set against each other. Name a globally popular British space opera? They just are not even capable of being developed here. As for Notting Hill, I love the sensibility of it (if not the film) and am in favour of that approach to film making. But it is basically a urban romantic comedy - and the US has made a beautiful bunch of those.
You can say, that was Universal money in a Working Title film so at some level it was an "American" movie, but the fact is Richard Curtis is British, it was filmed in England with a British cast and crew with the exception of the afore mentioned big lipped actress.

I'm not specifically talking about the nationality and sensibility of individual film-makers. I'm talking about the culture of the film industry in respective nations. NH would NOT have been made or as successful without said big lipped actress. It would
probably never have been seen in the US outside an arthouse crowd.
Then again, almost everything I've seen in te last year disappointed, including KING KONG. Stupid New Zealand!
Just kidding...

I was disappointed with King Kong but that film will make a lot of money and drive other productions. But the fact is, it was made, gave a lot of people employment and will be seen in large numbers around the world. A King Kong and a Lord of the Rings script would not even be read by British producers. NOT EVEN READ!
I am a member of the British Film Institute and I once attended a Q&A session with Quentin Taratino at the National Film Theatre on the South Bank in London.
After the talk, members of the audience could ask question. A smug person asked QT ironically that if he was the head of a studio would he have greenlit Sister Act 2 expecting the answer to be "No". QT said he would have and insightfully went on to say that that was symbolic of the European film industries. He said he would greenlight SA because the success of a Sister Act film could fund 10 of his.
Because film is so expensive it has to be popular i.e. seen by a number of paying punters who will recoup the budget. The economics of producing a film are staggering. However, people like Tarantino and Rodriquez and Soderbergh actually are quite frugal with budgets yet make interesting and worthy films which get an audience.
I'm not saying the above are the best filmmakers (my favourite directors are people like Woody Allen, Sidney Lumet, Sydney Pollack and Anthony Minghella) but I am talking about the producing culture in respective countries. And the nature of the industry, per se.
I am not lambasting established film-makers on the basis of their nationality. I am commenting on the different creative and economic considerations that get movies off the starting block in respective film-making cultures and explaining why a global audience does not go and watch homegrown Brit movies,
generally, and why so many movies get made in the UK and then sit, undistributed, on shelves, gathering dust.
Tarl_Cabot is right - the music industry in the UK is so completely different. It is an
industry.
A wag once said that the British Film (Cottage) Industry is like a terminally ill patient who occasionally goes into fits of remission.
But, as William Goldman famously said of the film industry:
NOBODY KNOWS ANYTHING