Television Programme Production in the UK - Industry Market Research Report

Good TV: Increased funding from foreign media companies is forecast to aid revenue growth in 2022-23

The television production industry's performance depends on demand from domestic TV broadcasters, advertising agencies and distributors. This is determined by the amount of time consumers spend watching TV. Foreign funded TV shows have had an increasingly strong influence on the industry. Over the five years through 2022-23, the publisher expects industry revenue to expand at a compound annual rate of 3.5% to reach £13.5 billion. Much of the growth has come through independent studios because of favourable government regulations encouraging funding for smaller production companies. Firms operating within the Television Programme Production industry in the UK produce theatrical and non-theatrical TV programmes (such as TV series and documentaries). Broadcast of these programmes is not included in the industry, nor are post-production activities, which include editing, titling, and the addition of computer-generated graphics. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.