British Film & High-End TV Spend Hit $7B In 2024 & Is Ahead Of Pre-Covid Levels For First Time Since Pandemic
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deadline.comSpend on UK film and high-end TV beat pre-Covid levels for the first time last year, the BFI‘s annual figures have revealed.
Investment in these projects shot up from 2023 by a hefty 31% to hit £5.6B ($7B), which for the first time since the pandemic ravaged the industry was ahead of the boom era pre-Covid levels.
But the figures painted a more concerning picture around domestic shows and movies, along with co-productions. As ever, the majority of the spend was on high-end TV (62%) but film saw the biggest increase, skyrocketing by 56% to £2.1B.
High-end TV spend rose by 20% to £3.4B and was the third highest annual spend since the gamechanging tax relief was introduced in 2013.
Read more on deadline.com
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