Tag: Pact

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).

While library sales and deals with streaming services increased, overall sales of British TV exports slipped by 3.3 percent to £1.4 billion ($1.9 billion) in 2020-21, according to Pact's TV Exports report.

Revenues for the U.K. production sector fell by 14 percent to £2.9 billion ($4 billion) in 2020, according to new data from Pact.

U.K. television exports generated £1.48 billion in 2019-20, a 6 percent gain on the previous year, according to data released by Pact.

Pact’s John McVay, Remarkable’s Susan King, Top Gear executive producer Clare Pizey and ITV’s John Whiston weighed in on the logistics of resuming production in the U.K. following the COVID-19 shutdown in a webinar organized by the Royal Television Society (RTS).

The BBC and Pact have agreed to a new terms of trade deal for BBC television productions made by U.K.-based indie producers.

According to the latest Pact UK TV Exports report, TV exports from Britain reached a record high of £1.4 billion ($1.8 billion) in 2018-19, a 7-percent increase on the prior-year period.

According to the 2019 Pact UK Television Census, Britain's independent TV production sector saw more than £3 billion ($3.7 billion) in revenues last year, their highest level to date and up over 40 percent since 2008.

Channel 4 has released its 2018 financials, showing improved revenues of £975 million ($1.2 billion), and has announced a new Terms of Trade agreement with Pact to ensure that both organizations are "fit for purpose to operate in the digital era," Chief Executive Alex Mahon said.

The Producers Alliance for Cinema and Television (Pact) has unveiled a new strategic initiative to support the U.K.’s independent TV production sector as it opens its Nations and Regions HQ in Leeds.