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Pact Report: U.S. Network Spend In UK Skyrockets By 25% During Covid
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deadline.comU.S. networks spent almost 25% more on British shows and co-productions last year to hit a record £574M ($757M), as the UK TV export market weathered the Covid storm to decline by just 3%.For the year to 31 March 2021, the U.S.
made up 40% of all UK exports, according to indie trade body Pact’s annual UK TV Exports Report that was compiled by 3Vision, with North America (including Canada) comprising almost half.With the pandemic taking its toll on production last summer, U.S.
buyers were especially keen on UK distributor’s back-catalogues, as the likes of MasterChef and Who Wants To Be A Millionaire?
sold well. Almost all respondents (93%) to Pact’s survey said there had been an increase in demand for library content.The growth was fuelled
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