Amazing news this week as it was announced that the UK film industry is on track to hit a record £6 billion, after a wave of spending by broadcasters and streaming services on filming hit shows and blockbuster movies here.
Streaming services are battling to win subscribers in an ever more competitive space and are turning to the UK more and more, as they receive tax reliefs and can tap into a highly skilled workforce and a strong talent base. These perks go hand in hand with a wealth of varied locations to film, a speedy restart to production after COVID restrictions were lifted that was boosted by a £500 million insurance scheme, an introduction of COVID health and safety standards and quarantine exemptions for cast and crew members to film here.
Ultimately, this has allowed the UK to establish itself as one of the best options in which to film epic productions with investment expected to more than double 2020s £2.8 billion total.
With the overall creative industry adding £115.9 billion to the UK economy in 2019, the rapid growth of the film industry is likely to continue as the government continues to invest to ensure productions keep coming to our shores, and, of course, with the continuation of this trend comes an expansion of jobs in the sector with an incredible 30,000 new jobs and 10,000 new training opportunities expected over the next few years.
Alongside new jobs and training, the industry is focusing on diversifying the workforce by investing in grassroots talent from a wider range of backgrounds. As an example, UK based producer for MasterChef and Peaky Blinders, Banijay UK, is giving 10 under-represented freelancers a 12 month contract to work across Banijay’s portfolio of shows, and Channel 5 and Sky have launched diversity schemes.
This means a more diverse UK industry overall in the near future and a pool of strong talent, equipped and ready to meet the demand from America and further afield.
At ACC, we’re ready and invested to prepare you for your future in this exciting and evolving industry. If you love film and want to build a career in the sector, we’re ready and here to help you get going. Check out our School of Media with courses available nationally and accepting applications for September 2022 here!