TV and film producers in Wales will be eligible for funding to help productions that may have been halted by the coronavirus pandemic.
The Culture Secretary, Oliver Dowden, announced over £500 million for UK film and TV productions struggling to get coronavirus-related insurance.
It means that a number of studios in Cardiff will be able to resume production.
The aim of the funding is to give productions the confidence they need that they will be supported if future losses are incurred due to Covid-19.
The Secretary of State for Wales, Simon Hart welcomed the announcement, stating that the funding will be a massive help to get filming back up and running for many companies.
"The UK Government has listened to the concerns of the film and television industry in Wales and this recovery scheme, along with the £59m recently allocated to Wales under our cultural package, will get productions back up and running and allow us to showcase the best of what we have to offer in arts and entertainment," he continued.
Oliver Dowden said that he hoped the announcement would mean that studios in many cities including Cardiff would now be able to resume production.
"From award-winning dramas, to iconic comedies and revered documentaries, the UK makes the films and TV shows the world can't wait to watch. Today's announcement means more clapperboards snapping into action in studios across Belfast, Glasgow, Cardiff, Watford and many more," he said.
"Our screen industries are high growth, jobs creating and showcase the best of British creativity and innovation, and I'm pleased we can give them this jump-start to get the cameras rolling again on this £12 billion industry."