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Olivia Rodrigo

U.K. TV Production Rebounds, Turnover Nearly at Pre-Covid Levels

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07.09.2022 - 02:27

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variety.com

variety.com:

K.J. Yossman TV production turnover in the U.K. has bounced back to nearly pre-Covid levels, new research revealed today. The latest figures show U.K.

TV production generated £3.251 billion ($3.750 billion) in 2021 according to producers’ body Pact. In 2019, turnover was at £3.330 billion ($3.840 billion).

Pact, which has collated a report on the U.K. TV sector every year since 2009, suggests the rebound is due to sector innovations and productions delayed from 2020 as well as the Government’s production re-start scheme, which provided Covid insurance for productions.

However, that is set to end this fall. In less favourable news, international turnover, which is led by the U.S., fell for the second year running in 2021 to £952 million, down from a high of £1.251 billion.

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