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October 5, 2020
Pact says that the Census shows that independent TV production sector revenues reached a new record of £3.3 billion in 2019, driven by international revenues breaking £1 billion for the first time, which is an increase of 11% on 2018, and a rise of 30% over the past five years. The Census reveals that the sector’s fastest growing revenue stream – international – reached £1,251 million, a 30% increase on 2018.
Commissions from international linear TV services rose by £226 million in 2019, accounting for the majority of growth, whilst revenue generated by commissions from SVOD services such as Netflix and Amazon Prime grew again, reaching £337 million.
Domestic revenues also reached a new high of £1,943 million, a 3% increase on 2018. To read Pact’s press release in full and for a link to the Census, click here.
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