EXCLUSIVE: Peter Kosminsky, the BAFTA-winning television director and writer, has claimed that the funding emergency for British dramas is the “greatest crisis we’ve ever faced in my working lifetime.” In an exclusive interview with Deadline, the Wolf Hall director claimed that the industry is in danger of self-censoring provocative, public-interest series because of the risk that they won’t secure the necessary finance to enter production.
The funding crisis is dominating discussions in the UK scripted community, as executives lament a perfect storm of issues, including U.S.
streamers pulling back from co-production, shrinking international sales advances, persistent inflation, ad revenue declines, and BBC funding cuts.
Pact, the UK producer trade body, estimates that there are around 15 British series that have been greenlit but are unable to enter production because of funding shortfalls.
Read more on deadline.com