Sep 6, 2019

British TV producers enjoy Netflix bonanza

British television producers are reaping the rewards of the streaming wars as US platforms such as Netflix and Amazon Prime splash out on original programming. Independent UK producers made record revenues of more than £3bn in 2018, up 10 per cent from the previous year, according to industry body Pact. The boom was largely driven by an increase in commissions from foreign media groups, which over the five years to 2018 almost doubled their spending with British producers. Mr McVay said his biggest concern was the conflict between British independent producers and the BBC over the broadcaster's move to extend the programming window of its iPlayer online service from 30 days to one year. The publicly funded broadcaster is in talks with producers over compensation for keeping shows and films in their online catalogue for longer, while also trying to push through rules that would give BritBox, its joint streaming service with ITV, first rights to BBC programmes once they come off iPlayer.

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