The UK’s high-end TV (HETV) and film industries have defied the Covid odds and are back, pulling off a record year in 2021 as they delivered a massive £5.6B ($7.6BN) of production spend. Toda…
brought in huge amounts. By the summer, reports of a “skills crisis” were abounding, with producers regularly reporting that the workforce was virtually at full capacity.The majority of the HETV spend came from international spend or co-productions. The rapid growth was also helped by a sharp increase in single long-form productions made for the streamers, such as Netflix’s, which count towards HETV rather than film. These high-end shows contributed £740M to the overall £4.1BN spend.
BFI CEO Ben Roberts said the “groundwork for further growth is underway,” pointing to the raft of new studio spaces launching this year and production hotspots springing up across the UK. “The record-breaking level of film and TV production in the UK revealed today is good news for our industry and the UK economy and demonstrates the speed of the sector’s recovery,” he added.
It was another challenging year at the UK box office, with pandemic-enforced closures affecting exhibitors across the first four months of 2021.No Time To Die In total, admissions across 2021 were 74 million, an increase of 68% on 2020’s challenging numbers. Box office reached £602M, a 144% rise on the previous 12 months. The final quarter of 2021 saw 38.8 million admissions, pointing to further recovery, particularly as the film slate continued to shift into 2022.
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