By Jake Kanter International TV Editor UK film and TV producer trade body Pact has said that British indies have been ravaged to the tune of £250M ($312M) after the coronavirus crisis tore through the industry last month.
Pact surveyed 100 producers, who said they have lost an average of £2.6M in revenue to the pandemic, which has shut down or postponed countless productions, including TV shows like Peaky Blinders and Sex Education.
According to the survey of members, 21% said their cash reserves will last for a maximum of two months, while a further 61% said they could survive for up to six months if the current shut down continues.
Read more on deadline.com
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