Industry Analysis & Industry Trends
The performance of the Film, Video and TV Programme Post-Production industry is influenced by demand from key downstream markets, technological developments and the competitive position afforded to the industry by tax incentives. IBISWorld expects industry revenue to grow at a compound annual rate of 1% over the five years through 2016-17 to reach £1.6 billion. However, the industry grew substantially in the base year of the period, which has resulted in a slower growth rate over the past five years. Large shifts in downstream demand from film production in the United Kingdom have shaped the way the industry has developed over the past five years. Revenue is forecast to increase by 0.6% in the current year... purchase to read more
Industry Report - Industry Investment Chapter
The level of capital intensity in the industry can be measured using the capital-to-labour ratio. Using depreciation as a proxy for capital and total industry wages as a proxy for labour, the industry has a moderate capital-to-labour ratio of approximately 0.25:1. This means that for each £1.00 invested in capital, an estimated £4.05 is spent on wages. Technically advanced, high-end computer equipment and software is required for most post-production activities, contributing to the industry's capital requirements. Capital equipment requirements increase as more films and programmes are produced that require digital enhancement and computer-generated refinement.
Despite the moderate capital needs of the industry, it is still reliant on labour inputs. Mos.. purchase to read more