Analysis

The Evolution of Home Entertainment Report 2020-2025, from the British Association for Screen Entertainment (BASE) and DEGI: The Digital Entertainment Group International, predicts U.K. category growth of £5.5 billion ($6.2 billion) by 2025.

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Digital TV Research is forecasting that Western Europe will have 238 million SVOD subscriptions by 2027, up from 165 million at the end of 2021.

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The total investment in European original production hit €17.4 billion ($17.3 billion) in 2021, per a report from the European Audiovisual Observatory, with 16 percent of that coming from the streamers.

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The latest edition of Pact's annual TV Production Census has revealed that revenues have nearly returned to pre-Covid levels, growing by 13 percent in 2021 to £3.25 billion ($3.7 billion).

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The export of French audiovisual programs—sales, presales and investment in co-production—garnered a total of €375.9 million ($373 million) in 2021, setting a new all-time record.

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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.

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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.

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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.

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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.

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Advertising expenditure in the U.K. hit a record £31.9 billion ($40 billion) in 2021, a year-on-year growth of 34.3 percent, according to new Advertising Association/WARC figures.

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