{"id":11515,"date":"2021-12-20T10:36:08","date_gmt":"2021-12-20T15:36:08","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tveurope\/library-fare-streaming-platforms-drive-u-k-tv-exports\/"},"modified":"2021-12-21T09:23:35","modified_gmt":"2021-12-21T14:23:35","slug":"library-fare-streaming-platforms-drive-u-k-tv-exports","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/","title":{"rendered":"Library Fare, Streaming Platforms Drive U.K. TV Exports"},"content":{"rendered":"

While library sales and deals with streaming services increased, overall sales of British TV exports slipped by 3.3 percent to\u00a0\u00a31.4 billion ($1.9 billion) in 2020-21, according to\u00a0Pact’s TV Exports<\/em> report.<\/p>\n

\u201cTo post such a small reduction in exports despite the effects of the pandemic on the U.K. TV industry is further evidence of how resourceful producers have been throughout the pandemic to not only keep their businesses afloat but to continue to bring quality, entertaining content to audiences around the world,\u201d said John McVay, the CEO of Pact.<\/p>\n

With the pandemic having impacted the production of new content, distributors were able to tap into their libraries to drive sales\u2014a third of U.K. TV exports were on shows more than four years old, Pact notes. This is up from 22 percent the previous year.<\/p>\n

Pact also identified streaming services as a driver of growth, accounting for 44 percent of finished program sales, up from 38 percent in the previous year.<\/p>\n

Drama continues to lead U.K. TV exports, with\u00a0I May Destroy You<\/em> and It\u2019s a Sin<\/em>\u00a0among the past year’s key exports. Drama accounted for 53 percent of export revenues, a 5 percent gain. Factual accounted for 15 percent, with\u00a0MasterChef<\/em>, Who Wants to Be a Millionaire<\/em>\u00a0and Dragon\u2019s Den<\/em> among the most popular brands worldwide.<\/p>\n

By territory, the U.S. remains the biggest buyer of U.K. shows, generating \u00a3574 million ($759 million) in revenues and accounting for 40 percent of British TV export income, up from 32 percent. Australia is the second-largest market for British TV exports, delivering revenues of \u00a3100 million ($132 million).<\/p>\n

\u201cThe resilience this unique industry has shown through these extraordinarily difficult times leaves me in no doubt that it will continue to thrive in this golden era for global media,\u201d noted\u00a0Mike Freer, Minister for Exports. \u201cI am supremely confident that U.K. television exports will go from strength to strength in the years ahead as we build back better from the pandemic and champion the excellence and enduring popularity of U.K. producers\u2019 work around the world.\u201d<\/p>\n

Louise Pedersen, CEO of All3Media International, commented, \u201cThe resilience, energy and ingenuity of the U.K. production and distribution industry is remarkable\u2014and a genuine asset in the U.K.\u2019s creative industries sector.\u201d<\/p>\n

Paul Dempsey, president of global distribution at BBC Studios, stated: \u201cBritish television is loved by audiences around the world, and even when the pandemic interrupted new production, our rich back catalog has kept viewers everywhere entertained.\u201d<\/p>\n

Ruth Berry, managing director of global distribution at ITV Studios, added, \u201cAs an industry, we have collectively risen to the challenge of providing our partners across the world with quality U.K. programming during the pandemic, and it\u2019s wonderful to see the global desire for British television remains so strong.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

While library sales and deals with streaming services increased, overall sales of British TV exports slipped by 3.3 percent to\u00a0\u00a31.4 billion ($1.9 billion) in 2020-21, according to\u00a0Pact’s TV Exports report.<\/p>\n","protected":false},"author":290,"featured_media":11517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75,69],"tags":[651],"class_list":["post-11515","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-analysis","category-top-stories","tag-pact"],"yoast_head":"\nLibrary Fare, Streaming Platforms Drive U.K. TV Exports - TVEUROPE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Library Fare, Streaming Platforms Drive U.K. TV Exports - TVEUROPE\" \/>\n<meta property=\"og:description\" content=\"While library sales and deals with streaming services increased, overall sales of British TV exports slipped by 3.3 percent to\u00a0\u00a31.4 billion ($1.9 billion) in 2020-21, according to\u00a0Pact's TV Exports report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/\" \/>\n<meta property=\"og:site_name\" content=\"TVEUROPE\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-20T15:36:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-21T14:23:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tveurope\/wp-content\/uploads\/sites\/14\/2021\/12\/Pact-Exports-1221.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"319\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/\",\"url\":\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/\",\"name\":\"Library Fare, Streaming Platforms Drive U.K. TV Exports - TVEUROPE\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#website\"},\"datePublished\":\"2021-12-20T15:36:08+00:00\",\"dateModified\":\"2021-12-21T14:23:35+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2021\/12\/20\/library-fare-streaming-platforms-drive-u-k-tv-exports\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tveurope\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Library Fare, Streaming Platforms Drive U.K. TV Exports\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#website\",\"url\":\"https:\/\/worldscreen.com\/tveurope\/\",\"name\":\"TVEUROPE\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tveurope\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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