Britain's film, TV exports rise by 25%

MUMBAI: British market research organisation National Statistics has published data regarding Britain's film and television industry.

In 2004, exports of all services by the UK film and television industries were ?2,181 million, an increase of 25 per cent on 2003. Imports were ?2,131 million, an increase of 11 per cent on the previous year. The overall effect has been a change from a net deficit of ?166 million in 2003 to a surplus of ?50 million in 2004.

The film industry showed a net surplus of ?89 million in 2004, a six per cent decrease from the 2003 figure of ?95 million. The television industry showed a net deficit of ?436 million in 2004, a six per cent decrease in the 2003 deficit of ?465 million.

Television exports have decreased from ?677 million in 2003 to ?664 million in 2004. Imports have also decreased from ?1,142 million in 2003 to ?1,100 million in 2004, a decrease of 4 per cent. The negative balance for international transactions by the television industry decreased from ?465 million in 2003 to ?436 million in 2004.

Exports (receipts) of film companies in 2004 have increased from ?633 million in 2003 to ?842 million. Imports have increased from ?538 million in 2003 to ?753 million in 2004. As a result, the positive balance of the film industry has decreased to ?89 million in 2004, from ?95 million in 2003. . Export royalties (receipts) have remained broadly level at ?399 million in 2004. Import royalties (payments) increased by 43 per cent to ?616 million. Exports related to the production of films in the UK increased from ?233 million in 2003 to ?444 million in 2004. Imports for production work abroad have increased by 26 per cent to ?136 million in 2004.

The figures come as the British film sector, which directly employs an estimated 31,000 people, faces an uncertain future with tax authorities contemplating new rules that would offer producers less incentive to shoot in the UK.

One recent study indicated that the value of work done on Hollywood films in Britain would plummet by 40 per cent in 2005.

Most of the new James Bond film Casino Royale, for example, is to be made in the Czech Republic, where other filmmakers also have fled because of the uncertainty. Warner which makes Harry Potter films has said that it would continue to shoot the sequels in Britain.

Latest Reads
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

Whether businesses and industries practice their art of selling fairly although they have 'Fair Practices' training during the academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India.

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary
Colors emerges strong on strength of Naagin I & II

MUMBAI: One of the top rated shows Naagin Season 2 helped Colors reach a top-ranking position.

Television TV Channels GECs
Pakistan Broadcasters Association to oppose PEMRA Indian content ban

MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

Television TV Channels GECs
Sony Pix to telecast 'Jurassic World' on 22 October

Sony Pix will take the viewers on a thrilling, adventurous journey with cloned dinosaurs in their Billion Dollar Premiere property. The channel plans to air Jurassic World on 22 October at 1 pm and 9 pm.

Television TV Channels English Entertainment
Sony AXN scripts deal with Pinewood; buys stake in SVOD service Hopster

Folks at Sony Pictures Television (SPT) are in a celebratory mood. Not only has it signed a six-series deal with Pinewood Television but has also acquired a minority stake in the London-based video subscription service for kids content - Hopster.

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories