
Full UK market share up to 46 per cent
Dan Meier 3 hours ago
Full UK market share up to 46 per cent
target=_blank title=Share on LinkedIn class=share-linkedin> Full UK market share up to 46 per cent
https://www.tvbeurope.com/business/highest-year-on-record-for-uk-film-tv-spending title=Share via Email class=share-email>
The BFI has revealed that 2019 saw the UK's highest ever spending on film and high-end TV production.
The BFI's findings included:
The spend on high-end TV and film production in the UK in 2019 reached £3.62 billion, a 16 per cent increase on 2018 the highest year on record
Total box office revenue for all films released was £1.254 billion, two per cent down on last year
The market share of independent UK films at the box office in 2019 was 13 per cent, an increase from 11.7 per cent in 2018
When UK-made, studio-backed films are added to the picture, such as Star Wars: The Rise of Skywalker, Aladdin, Dumbo and Rocketman, the full UK market share increases to 46 per cent the highest since records began
Film co-production in the UK saw a 37 per cent uplift in spend with £34 million across 23 productions, including Phyllida Lloyd's Herself and Viggo Mortensen's Falling
Inward investment data reveals an influx of 29 Indian productions being made in the UK with a collective spend of £112 million
These latest figures show that our world-leading screen industries continue to thrive, attracting audiences all around the globe, said Nigel Adams MP, minister for Creative Industries. The increase in inward investment reflects the UK's acclaimed reputation as a home for fantastic talent and creativity in our film and television sectors.
Today's figures show an incredibly vibrant picture, a sector that continues to grow, delivering billions to the economy and a wide spectrum of jobs all over the UK, added Amanda Nevill CBE, CEO of the BFI. It's great to see some of our greatest home-grown talent making big international pictures such as 1917. It also underlines the importance of ensuring that the independent sector, the lifeblood for this growing success, is properly supported.
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