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U.K.'s Local Film, TV Investment Grew Prior to Virus Shutdown

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www.hollywoodreporter.com

The U.K.'s film and TV industries have seen a record spend on production despite the coronavirus pandemic, according to the latest figures from the British Film Institute.

The Q1 figures — which cover January through March 2020 and thus the beginning of the lockdown period — reveal that film and high-end TV spend reached a record £3.6 billion ($4.4 billion) over 12 months prior to the end of March, up £200 million on the previous 12 month April-to-March period.

Inward investment was by far the predominant factor in this, with spend on 161 productions — including the likes of Jurassic World: Dominion, The Batman and The Witcher — hitting £3.1 billion ($3.8 billion).

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