{"id":12115,"date":"2022-09-07T09:47:17","date_gmt":"2022-09-07T13:47:17","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tveurope\/pact-u-k-tv-production-revenues-bounce-back\/"},"modified":"2022-09-08T09:59:23","modified_gmt":"2022-09-08T13:59:23","slug":"pact-u-k-tv-production-revenues-bounce-back","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2022\/09\/07\/pact-u-k-tv-production-revenues-bounce-back\/","title":{"rendered":"Pact: U.K. TV Production Revenues Bounce Back"},"content":{"rendered":"

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 \u00a33.25 billion ($3.7 billion).<\/p>\n

This is just \u00a379 million ($90 million) below pre-Covid revenues in 2019.<\/p>\n

Domestic TV revenues saw a 30 percent increase year-on-year, with commissions from U.K. broadcasters as the main driving force of the recovery, reaching \u00a32.19 billion ($2.5 billion). It marks the first time such revenues have reached over \u00a32 billion.<\/p>\n

Public broadcasters’ spending on indie producers grew by 24 percent, and multichannel spending\u2014largely driven by Sky\u2014nearly doubled with an increase of 99 percent.<\/p>\n

International revenues fell for the second year in a row to \u00a3952 million ($1.09 billion). Revenue from international sales of finished programming grew by 10 percent year-on-year, though, as the U.K. was able to get back into production quicker than most other countries, and therefore, its shows were purchased to fill schedules.<\/p>\n

Digital commissioning revenues were down by \u00a357 million ($65 million) in 2021, though U.K.-based digital commissioning revenue increased sharply by 191 percent. The recovery was largely driven by increased revenues for the larger producers, with 44 percent of total revenues achieved by producers with a turnover of over \u00a370 million ($80 million).<\/p>\n

Drama ranked as the most valuable genre after having suffered in 2020 due to Covid-19. In 2021, it accounted for 35 percent of all U.K. spend. Entertainment was at 28 percent and factual entertainment at 20 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 \u00a33.25 billion ($3.7 billion).<\/p>\n","protected":false},"author":350,"featured_media":12116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75,69],"tags":[651],"class_list":["post-12115","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-analysis","category-top-stories","tag-pact"],"yoast_head":"\nPact: U.K. TV Production Revenues Bounce Back - 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\/2022\/09\/07\/pact-u-k-tv-production-revenues-bounce-back\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pact: U.K. TV Production Revenues Bounce Back - 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