Mansha Daswani

Rising costs are causing U.K. consumers to reevaluate their streaming subscriptions, according to new data from KPMG, which reports that 17 percent of consumers canceled an SVOD service this year due to increased food bills.

Channel 4 delivered its highest-ever revenues in 2021, topping £1 billion ($1.2 billion) for the first time in its history, with a pre-tax surplus of £101 million ($120 million).

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

Netflix and Paramount+ have commissioned more first-run originals out of the U.K. than the other global streamers this year, per a new study by Ampere Analysis.

Spending on film and high-end television production in the U.K. could rise to £7.7 billion ($9.5 billion) by 2025, according to research commissioned by ScreenSkills, requiring up to 21,000 new crew members to meet that demand.

Sky Sports has sealed deals to bring next weekend's FIFA World Cup play-off final between Wales and Scotland or Ukraine to ITV, S4C and STV.

Shifting content spend toward the iPlayer and axing the CBBC and BBC Four linear channels are among the plans set out in the BBC's blueprint for a digital-first future.

Despite cost of living increases, the number of people in the U.K. paying for video services has increased by 11 percent in the last year, according to new research from Omdia.

LEONINE Studios has sealed an agreement to acquire the Berlin-based production outfit Hyperbole Medien, led by Bastian Asdonk.

Nordic Entertainment Group (NENT Group) has formally rebranded as Viaplay Group, in line with the company's focus on expanding its successful streaming service.