UK producer body Pact has revealed that indies were in truly swaggering form before the pandemic upended the global entertainment business.
The group’s annual UK Production Census found that producers generated record revenues of £3.3 billion ($4.3B) last year, up 11% on 2018. Beneath that headline, international revenue blasted past £1B for the first time in the history of the census, rising 30% to £1.25B, according to research compiled by Oliver & Ohlbaum.
Netflix and Amazon’s push into the UK market continued to be felt, with producers being commissioned to the tune of £337M by streaming services. This was up 20% on 2018 thanks to shows like Netflix hit Sex Education, which is made by Sony-owned Eleven.
Domestic revenues also reached a new high of £1.9B, with drama accounting for 40% of commissioning spend following the success of shows including Line Of Duty and Chernobyl. Drama was 13 percentage points higher than the next biggest genre: entertainment.
The group’s annual UK Production Census found that producers generated record revenues of £3.3 billion ($4.3B) last year, up 11% on 2018. Beneath that headline, international revenue blasted past £1B for the first time in the history of the census, rising 30% to £1.25B, according to research compiled by Oliver & Ohlbaum.
Netflix and Amazon’s push into the UK market continued to be felt, with producers being commissioned to the tune of £337M by streaming services. This was up 20% on 2018 thanks to shows like Netflix hit Sex Education, which is made by Sony-owned Eleven.
Domestic revenues also reached a new high of £1.9B, with drama accounting for 40% of commissioning spend following the success of shows including Line Of Duty and Chernobyl. Drama was 13 percentage points higher than the next biggest genre: entertainment.
- 10/1/2020
- by Jake Kanter
- Deadline Film + TV
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