BBC Studios Delivers Record Results


For the year 2021-22, BBC Studios posted overall revenues of £1.6 billion ($1.9 billion), a 30 percent gain.

The commercial arm of the BBC delivered a profit of £226 million ($268.7 million), which was up 50 percent year-on-year and marked the first time its EBITDA has topped £200 million. A £135 million ($160.5 million) cash dividend is being returned to the BBC.

“Last year was stellar for BBC Studios, thanks to continued strong demand for our brands like Strictly/Dancing with the Stars, Time, Bluey and the Planet series,” said Tom Fussell, CEO of BBC Studios. “Our creative and financial success is clear for all to see and I am so proud of our teams across the world who worked so hard to achieve this in extremely challenging conditions. With new freedom to invest, and a new commercial board, now is the time for the business to step up a gear. Despite an uncertain economic climate, we’re hugely confident about the opportunities ahead: and while this investment in future growth might impact on our profits over the short term, we know that we are building a business which can play a more significant role in the future of the BBC.”

BBC Studios’ gains were driven by its production operations, which were up 56 percent, and ad gains at UKTV. Content sales rose to more than £400 million ($475.3 million). BBC Studios has set a new target of driving revenues up by 30 percent.