UK TV and film production spend hit record 6.27 billion in 2022

HETV contributed £4.30 billion, or 69 per cent to the overall figure

By Jenny Priestley

Published: February 2, 2023 Updated: February 6, 2023

HETV contributed £4.30 billion, or 69 per cent to the overall figure

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New figures from the British Film Institute reveal significant growth in UK film and high-end TV (HETV) production during 2022 with combined spend on production reaching £6.27 billion, the highest ever reported and £1.83 billion higher than for the pre-pandemic year 2019.

HETV contributed £4.30 billion, or 69 per cent to the overall figure; with feature film production contributing £1.97 billion, or 31 per cent of the total spend.

Inward investment films and HETV shows delivered £5.37 billion, or 86 per cent of the combined production spend, reveal the figures.

Of the total £4.29 billion HETV production spend:

inward investment shows contributed £3.62 billion (84 per cent of total HETV spend and a 3 per cent decrease on 2022);

domestic UK shows accounted for £632.7 million (15 per cent of total HETV spend and a 4 per cent decrease on 2021) ; and

co-production spend was £36.5 million (less than 1 per cent of total spend but a near three-fold increase on 2022).

The production statistics also reveal an increasing investment made by streamer platforms in single long-form productions (ie not episodic or series), said the BFI. In 2022, there were 22 single domestic UK and inward investment productions which contributed £938.8 million to the HETV spend of £4.30 billion, representing a 23 per cent increase on 2021's £765 million spend on single productions.

Speaking about the figures, Adrian Wootton, chief executive of the British Film Commission, said: The UK inward investment film and TV industry continues to experience remarkable growth in production, generating billions of pounds for the UK economy and thousands of new jobs in production hubs throughout the UK's nations and regions.

It's a real testament to the strength of our regional as well as metropolitan offer that so many major film and High-end TV productions choose to base themselves through the length and breadth of the UK. With the right levels of ongoing investment in skills, support and infrastructure, the UK is well-positioned to attract major international film and TV productions for many years to come.''

LINK:	https://www.tvbeurope.com/business/uk-tv-and-film-production-spend-hit...
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