UK Film & TV Production Spend Tops $4B In 2018; Inward Investment Hits $2.4B

  • Deadline
Despite the looming specter of Brexit, the UK production business continues to drive strong numbers — even if preliminary statistics released by the BFI today do not all constitute new records. Film and high-end TV production spend combined exceeded £3.1B ($4B) in 2018. Television saw the bigger increases, repping £1.173B ($1.53B) of the total for a 4% hike on 2017 and the highest level since the tax credit was introduced in 2013. Film production spend was £1.924B ($2.51B), the 2nd best score on record. The figures were released today as part of the BFI’s annual statistics report which also covers box office.

Inward investment, with the U.S. a key producing partner for the UK, was £795M on high-end TV and £1.628B on features. Significantly, three of the top box office draws locally in 2018 were made in Britain: Disney/Marvel’s Avengers: Infinity War (£70.8M), Universal’s Mamma Mia! Here We Go Again (£65.5M
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