×

Film and TV Production Spend in the U.K. Hit $4 Billion in 2018

Spending on film and high-end TV production in the U.K. topped £3.1 billion ($4.1 billion) in 2018, the second-highest figure on record, but down from 2017’s record-breaking £3.3 billion, according to figures released Friday by the British Film Institute.

Spending on high-end TV was up 4% from 2017 at £1.2 billion, the highest since tax breaks were introduced for big-budget shows in 2013. In the inward investment column, film, TV, and co-production spend was £2.4 billion, with film accounting for £1.6 billion of the total and TV the remainder.

The British industry is bracing for the impact of the U.K. leaving the European Union, which is scheduled for March 29. Amid the ongoing Brexit confusion, the country remains a production hot spot, with multiple new studio projects in the works.

The BFI data confirm that 2018 was a banner year for cinema admissions and box office in the U.K., notably at a moment when these figures were falling elsewhere in Europe.

Three of 2018’s top five grossing films at the British box office were made in the U.K.: “Avengers: Infinity War,” which pulled in £70.8 million, “Mamma Mia! Here We Go Again,” with £65.5 million, and “Bohemian Rhapsody,” with £52 million. Total British box office was £1.4 billion.

U.K. independent movies accounted for 12% of the box office, a 2% increase from the previous year.

In 2019, the new Bond film will go into production, spurring the film-production figures. On the TV side, “Game of Thrones” is coming to an end, but there is talk of Netflix setting up a U.K.-based production hub at Pinewood.

“In a time of seismic change, today’s figures prove that film and television are thriving, a vital creative industry that is outstripping other sectors,” said Amanda Nevill, BFI’s CEO. “With spend for film and high-end television production at almost £3.1 billion, we remain one of the most in-demand places in the world to create moving.image content.”

“Billions of pounds are spent every year on film and high-end TV in the U.K., and we will continue to back the sector to further strengthen this success story,” said Margot James, the British government’s minister for digital and creative industries.

More Film

  • Beyonce poses for photographers upon arrival

    Beyoncé Releases Music Video for 'Spirit,' Her 'Lion King' Soundtrack Contribution

    Beyoncé fans are stampeding across the web veldt to get a look at her just-released music video for “Spirit,” the original song she co-wrote and sang for the “Lion King” soundtrack. The track is also included on the companion album she executive-produced and will release Friday, “The Gift.” Clips from the computer-animated film are interspersed [...]

  • Constance Wu and Jennifer Lopez star

    Jennifer Lopez Takes Down Wall Street Crooks in New Trailer for 'Hustlers'

    According to Jennifer Lopez, basic pole dancing movements all revolve around a few foot positions. But as she tells her stripper student Constance Wu, it’s not just about the dancing. In the new trailer for “Hustlers,” Lopez and Wu swindle a number of high profile Wall Street clients in an effort to bring their white [...]

  • Writers vs Agents Packaging War WGA

    Writers Guild Leaders Warn Members About Contact With Fired Agents

    Leaders of the Writers Guild of America are warning members about being contacted by their former agents — asserting that such efforts are an attempt to undermine the WGA and its members. The missive, sent Tuesday from the WGA negotiating committee, came with the guild in a bitter three-month standoff with talent agents that appears [...]

  • Apollo 11

    Film News Roundup: 'Apollo 11' Re-Release Set for Moon Landing Anniversary

    In today’s film news roundup, Neon is re-releasing “Apollo 11”; “Sesame Street” gets moved; “Supersize Me 2” is set for Sept. 13; Will Ropp gets a “Silk Road” deal; and Apple makes a movie deal. RE-LAUNCH Neon will re-release Todd Douglas Miller’s documentary “Apollo 11” in theaters on July 20, the 50th anniversary of the [...]

  • Michael B. JordanAFI Awards Luncheon, Los

    Michael B. Jordan's 'Just Mercy' Moves to Awards Season Slot

    Michael B. Jordan’s upcoming legal drama “Just Mercy” has been shifted forward three weeks from Jan. 17 to Dec. 25 for an Oscar-qualifying theatrical release. “Just Mercy” is based on the case of Walter McMillan, an African-American death-row prisoner who was exonerated in 1993 after being convicted five years earlier for a 1986 murder in [...]

  • Harry Styles to Play Prince Eric

    Harry Styles in Talks to Play Prince Eric in Disney's 'Little Mermaid'

    Harry Styles is going under the sea. The former One Direction frontman is in early negotiations to play Prince Eric in Disney’s live-action adaptation of “The Little Mermaid.” Halle Bailey will portray the Ariel, a mermaid princess who dreams of being a human, while Melissa McCarthy is playing her evil aunt Ursula. “The Little Mermaid” [...]

  • Stuber Movie

    Disney Left With a Slate of Film Flops After Fox Deal

    Is Disney having buyer’s remorse? The studio would be forgiven if it were having some regrets after absorbing 20th Century Fox, the company that once generated big box office with the likes of “Avatar,” “Life of Pi,” and “Bohemian Rhapsody.” After “Dark Phoenix” bombed earlier this summer, Kumail Nanjiani and Dave Bautista’s action comedy “Stuber” [...]

More From Our Brands

Access exclusive content