{"id":12011,"date":"2022-07-12T09:50:48","date_gmt":"2022-07-12T13:50:48","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tveurope\/bbc-studios-delivers-record-results\/"},"modified":"2022-07-12T09:57:53","modified_gmt":"2022-07-12T13:57:53","slug":"bbc-studios-delivers-record-results","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2022\/07\/12\/bbc-studios-delivers-record-results\/","title":{"rendered":"BBC Studios Delivers Record Results"},"content":{"rendered":"
For the year 2021-22, BBC Studios posted overall revenues of \u00a31.6 billion ($1.9 billion), a 30 percent gain.<\/p>\n
The commercial arm of the BBC delivered a profit of \u00a3226 million ($268.7 million), which was up 50 percent year-on-year and marked the first time its EBITDA has topped \u00a3200 million. A \u00a3135 million ($160.5 million) cash dividend is being returned to the BBC.<\/p>\n
\u201cLast year was stellar for BBC Studios, thanks to continued strong demand for our brands like Strictly<\/em>\/Dancing with the Stars<\/em>, Time<\/em>, Bluey\u00a0<\/em>and the Planet<\/em> series,” said Tom Fussell, CEO of BBC Studios. “Our creative and financial success is clear for all to see and I am so proud of our teams across the world who worked so hard to achieve this in extremely challenging conditions. With new freedom to invest, and a new commercial board, now is the time for the business to step up a gear. Despite an uncertain economic climate, we\u2019re hugely confident about the opportunities ahead: and while this investment in future growth might impact on our profits over the short term, we know that we are building a business which can play a more significant role in the future of the BBC.\u201d<\/p>\n BBC Studios’ gains were driven by its production operations,\u00a0which were up 56 percent, and ad gains at UKTV. Content sales rose to more than \u00a3400 million ($475.3 million). BBC Studios has set a new target of driving revenues up by 30 percent.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" For the year 2021-22, BBC Studios posted overall revenues of \u00a31.6 billion ($1.9 billion), a 30 percent gain.<\/p>\n","protected":false},"author":290,"featured_media":12012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[80,2495],"class_list":["post-12011","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-bbc-studios","tag-tom-fussell"],"yoast_head":"\n