The Commercial Broadcasters Association (COBA), representing companies such as Discovery, AMC Networks, NBCUniversal and Fox Networks Group in the U.K., has criticized the government's White Paper on Brexit, arguing that it "offers little clarity" for their operations.
COBA: Brexit Poses £1 Billion Investment Risk to U.K. TV Market
February 15, 2018
Losing access to EU markets from Brexit could jeopardize up to £1 billion in annual investment from international broadcasters to the U.K.'s television sector, according to a new report from the Commercial Broadcasters Association (COBA).
Profit Gains at ITV
July 27, 2016
LONDON: Boosted in part by its content production and distribution business, ITV reported a 9-percent gain in profit before tax to £425 million ($558 million) for the first six months of the year.
Ampere: Pay TV, Advertising Face Impact from EU Referendum
June 24, 2016
British policy makers must work hard to restore confidence in the country's financial markets following the results of the EU referendum, Ampere Analysis has said as it warns of potentially "stark consequences for U.K. media." Britain's decision to leave the EU immediately caused the value of the pound to plummet, with stock prices taking a hit both locally and abroad.
Industry Organizations React to Brexit
June 24, 2016
LONDON: The chairman of the Independent Film & Television Alliance (IFTA) in the U.S. has called the U.K.'s decision to leave the European Union a "major blow" to its film and TV industry, while Pact has said it is "disappointed" with the move.