Latest BFI Stats Suggest Britain’s Age Of Peak TV May Be Over
deadline.comBritain’s age of peak TV may be over, or at the very least plateauing, today’s BFI stats suggest. Following a year in which many major productions including Bridgerton, Lord of the Rings and Apple TV+’s Slow Horses rolled the cameras, spend on high-end TV nonetheless fell by 4% on last year’s record figure to £4.3B ($5.3B).
Both inward investment – shows commissioned by non-UK players – and domestic UK spend fell by a similar amount, with the former accounting for 84% of the total figure.
Although the drop is small, the news is a surprise to a booming industry that had seen a mega 155% rise in 2021 and now accounts for a far bigger slice of the TV/film pie.
The slight dip contrasted with a strong year for film, which saw spend grow by an impressive 27%, although local indie film continues to flounder.
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