Two new reports from leading UK producer group Pact show the stark impact of the COVID-19 pandemic on the UK independent production sector, with the group’s CEO John McVay warning that “it may take many years for the industry to build back to where it was prior to the pandemic”.According to Pact, the findings of the annual Pact Census and a specially commissioned Covid Long Term Impact Study raise particular concerns in the context of the Government’s proposal to privatise Channel 4, with small and medium-sized indies especially concerned about their future prospects.Pact Census key findingsUK TV production sector revenues were hit hard by the pandemic in 2020, resulting in a 14% decline from 2019 to £2.9BN – the lowest figure since 2017.In
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