British Exit from E.U. Could ‘Devastate’ U.K. Creative Sector, Says Independent Film and TV Alliance Chairman

U.K.'s Exit from E.U. to 'Devastate'
Courtesy of REX/Shutterstock

Michael Ryan, the chairman of the Independent Film and Television Alliance, and a partner at GFM Films, has expressed his dismay following the decision by U.K. voters to leave the European Union, and said it is likely to be “devastating” for the U.K. creative sector, including the film and TV industry.

“The decision to exit the European Union is a major blow to the U.K. film and TV industry,” he said in a statement Friday. “Producing films and television programs is a very expensive and very risky business and certainty about the rules affecting the business is a must.”

He added: “This decision has just blown up our foundation — as of today, we no longer know how our relationships with co-producers, financiers and distributors will work, whether new taxes will be dropped on our activities in the rest of Europe or how production financing is going to be raised without any input from European funding agencies.

“The U.K. creative sector has been a strong and vibrant contributor to the economy — this is likely to be devastating for us.”

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  1. Nanny Mo says:

    The Brits said that the American colonies leaving the Empire would devastate the Americas. It didn’t. There will be adjustments but soon the British Government will make deals with the EU again but on fairer terms and it will all work out great. The EU is newer and has been a huge problem, the old way is ancient and has worked rather well. This was a smart move for Britain.

  2. Matt says:

    Too bad if movie and TV production comes to a halt, Mr. Ryan. I think the average working class and possibly unemployed Brit is more concerned about all of the blacks and Muslims looking for jobs in London, so they decided with their votes to do something about it.

    • Tom says:

      Writing as a Brit living in London, that is certainly not what anyone is concerned about. Instead of making misguided comments on forums based on no experience, come over to the UK and visit London and the rest of the country. I’ll happily show you around. You’ll see how much of a welcoming, open and diverse community we live in – absent of idiotic views and the same whether we are in the EU or out. Ethnicity or race is not the reason people voted out.

    • “Blacks and Muslims”??? I hope very few were voting on that basis: inability to control economic migration from within the EU was the issue for many of those pro-Brexit, although they may discover that access to the single market will require free movement as before (see Norway). Also, London voted for Remain.

    • anbudmor says:

      England has an unemployment rate of only about 5%. I imagine there is plenty of work available for those blacks and Muslims to do, without affecting anyone negatively.
      And if one has a nation built on the back of stolen wealth from the backs of blacks and Muslims, it only seems polite to give their offspring a bit of work.

  3. Tom says:

    It’s going to be devastating for all of England. And I say England, not the UK, since Scotland will declare independence and rejoin the EU and the United Kingdom, which has existed for centuries, will cease to exist.

    • anbudmor says:

      Hmmm, that actually sounds like a pretty good result for the Scots.
      And with the UK falling apart, surely the English won’t want to support a failed Northern Ireland with to the tune of $10B pa; a united Ireland, good for the Irish.
      And Spain said it would start agitating again for Gibraltar; good for Spain.
      And the UK/GB becomes England & Wales. So no more UK or “Great” Britain; I mean come on, who puts an adjective in their name.
      And the Argies re-invade Islas Malvinas. Good for the Argies.
      Plus I’m buying as much Sterling as I can, as this stupid reaction to Brexit, is going to result in a bounce back when people realize it is Chicken Little. Big bunce. Good for me.

  4. Bud Mor says:

    What an absolute load of toss. The Brits were making film and tv before the EU and will continue to do so. Hollywood and Bollywood don’t seem to have any problems making film and tv and they aren’t part of the EU.

    • nerdrage says:

      The US and India are much larger markets than the UK, which benefitted from the scale of the EU.

      • anbudmor says:

        But Nerdrage the article is saying that Brexit will somehow reduce how much the Germans want to watch “Death in Paradise” or whether the French will go to see the next Potter film. Even though “Lost” was from outside the EU; that didn’t prevent it from being a huge success there. There are valid arguments against Brexit, basing one on film and tv isn’t one of them. And certainly the term “devastating” is an exaggeration.

    • It will be devastating to UK film production in the short term and a major headache in the medium term. One, maybe two generations of creative talent will be blighted. (This is the optimistic version.)

      • anbudmor says:

        My comments aren’t flippant. In fact they are backed up by public comments of various politicians and economists. In terms of any industry that won’t be affected by Brexit, film and tv must be on the top of that list. And maybe I’m completely wrong, so I ask you again, how would Brexit negatively affect film and tv production?

      • Judging by your flippant comment earlier, I doubt you care very much about it.

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