Production spend in the UK high-end TV (HETV) and film industries reached a record £6.3BN ($7.8BN) in 2022, BFI statistics released today reveal.
This was up £1.8BN on the figure recorded in the pre-pandemic 2019 and is £600M more than last year’s previous record of $5.6BN.
Inwards investment accounted for 86% of the total (£5.4BN) as international streamers and studios continue to invest in the UK’s film and TV production hubs.
The BFI’s figures also reveal a welcome box office uptick of more than 50%. HETV once again contributed most of the spend (£4.3BN) – 69% of the 2022 total.
Read more on deadline.com