International Spend on U.K. Television Sector Breaks £1 Billion

International Spend on U.K. Television Sector Breaks £1 Billion
The U.K.’s independent television production sector generated a record £3.3 billion ($4.2 billion) in 2019, driven by international revenues that broke £1 billion ($1.3 billion) for the first time.

The Pact U.K. Production Census, an annual survey conducted by the country’s trade org for producers, showed that international work proved to be the most lucrative for British program makers in 2019, generating £1.3 billion ($1.6 billion) — an increase of 11% on 2018 revenues (£962 million), and a 30% growth over the past five years.

“The growth is in original commissions, which basically means that U.K. indie creativity is at a premium, not just domestically but also internationally,
See full article at Variety - TV News »

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