K.J. Yossman The U.K. TV industry delivered a total sector revenue of almost £4 billion ($5 billion) in 2022. The figure comes from a new production census report by local producers body Pact, which showed last year was a booming time for the industry, driven by both internal and international commissions and particularly an increased in streaming commissions. “2022 was clearly a big boom year, both domestically and internationally,” said Pact CEO John McVay during a press briefing to unveil the results of the census. “Clearly the U.K.
is still looked at as a place where large sums of money are being invested in content and that’s good news not just for my members but for everyone in the supply chain and the value chain for that as well” Domestic TV revenues grew to £2.2 billion while international revenues came in at £1.6 billion, representing a 70% increase.
Pact suggested the growth was partly down to break-out British hits such as Netflix series “The Crown” and “Sex Education” as well as streamers increasingly investing in local originals, such as Apple TV+ (which has commissioned a slew of U.K.
fare including “Slow Horses” and “Hijack”) and Disney+ (whose local originals include “Extraordinary” and an adaptation of Jilly Cooper’s “Rivals”).
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.