Brexit


COBA: £1bn annual British TV investment under threat from Brexit

Losing access to EU markets through Brexit could cost the UK’s television market £1 billion (US$1.4 billion) per year in investment from international broadcasters, an influential broadcaster body has warned. Research from media analysis firm Oliver & Ohlbaum (O&O) for the Commercial Broadcasters Association (COBA) reveals that international networks invested £1.02 billion in the UK […]

COBA: Brexit ‘threatens UK’s int’l position’

The UK leaving the European Union without a trade deal would “jeopardise” the territory’s position as “Europe’s leading international broadcasting hub”, according an influential trade body. “International broadcasters based here would, reluctantly, be forced to restructure their European operations,” said Adam Minns, executive director of the Commercial Broadcasters Association (COBA), in an interview with the […]

Cartoon Forum chief surprised by lack of UK projects

Marc Vandeweyer, Cartoon Forum’s general director, has been surprised by the lack of UK animation projects appearing at Cartoon Forum this year. “It’s a surprise and a big surprise to see that there are fewer projects than last year from the UK,” he told TBI. “Last year, there were nine or ten of them, and […]

Factual Hot Picks

Following the Sunny Side of the Doc event in La Rochelle, France, TBI profiles five hot factual projects currently making an impression from Grayson Perry’s Divided Britain to France 2’s Age of the Builders – Notre Dame.   Grayson Perry: Divided Britain Transvestite artist Grayson Perry first came to attention in 2003 when he won the prestigious Turner […]

Discovery grows international revenues, profit

Discovery has reported an uptick in revenues and profit at its international business but noted Brexit concerns meant ad revenues were down in its largest market, the UK. “You have the UK down 4% and Brexit has had a meaningful impact on the UK,” CEO David Zaslav told analysts in the wake of Discovery reporting […]

Liberty says ITV ‘not interesting’

ITV’s market valuation and the premium that would be required to buy it means that the commercial broadcaster is “not interesting” as an acquisition target to Liberty Global, according to president and CEO Mike Fries. Answering an analyst question on ITV, in which Liberty Global holds a 9.9% stake, after the cable giant reported less […]

ITV position set to worsen, say analysts

UK commercial broadcaster ITV’s performance looks set to worsen as a result of a Brexit-related economic slowdown and increased costs related to next year’s football World Cup, according to an analysis by Berenberg. According to analysts Sarah Simon and Alastair Reid, ITV is likely to face a continued deterioration in the media buyer outlook for […]

Ad revenues to grow despite uncertainty

The global advertising market will grow at decent rate in the next few years despite the uncertainty created by the UK Brexit vote and US election result. Media agency ZenithOptimedia made the bullish forecasts today. “We forecast global advertising expenditure to grow 4.4% in 2017, the same rate as we estimate for 2016,” it said. […]

UK will cover Brexit TV shortfall

The UK Treasury has pledged to underwrite any shortfall resulting from content companies receiving EU funding when Brexit is enacted. There has been widespread concern and confusion among UK producers about the status of projects receiving Creative Europe funding when the UK exits the European Union, which will happen following the result of June’s national […]

Brexit: UK media has shot at global expansion

A new report for the UK government looking at Brexit challenges and opportunities says there is a major opportunity for UK media companies to expand the business they do globally if the right policies are put into place. Soon after the UK referendum vote in favour of leaving the European Union, the government and industry-backed Creative […]

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