Industry Analysis & Industry Trends
The Television Programme Production industry includes all companies that produce theatrical and non-theatrical TV programmes. The performance of the industry as a whole is dependent on demand from the domestic TV broadcasting industry, advertising agencies and distributors, and is also affected by the amount of time consumers have to devote to watching TV, as well as government regulations. In addition, the international market for TV programming has been exerting an increasingly strong influence over the performance of the industry in recent years. Over the five years through 2016-17, IBISWorld estimates that industry revenue will expand at a compound annual rate of 1.1% to reach £7.6 billion. This includes growth of approximately 2.6% in the current year... purchase to read more
Industry Report - Industry Investment Chapter
The industry is moderately capital intensive, with an estimated capital-to-labour ratio of 1:6.88. This means that for every £1.00 spent on capital, approximately £6.88 is spent on labour. Labour costs are relatively high in the industry, accounting for 31% of industry revenue in 2016-17. All stages of the production process require significant amounts of labour, from the initial market research and concept development to the filming and editing of the programme. On top of this, most of the labour required by the industry is somewhat skilled, leading to a high average wage.
Depreciation costs in the industry are moderate and are expected to account for 4.5% of industry revenue in 2016-17. Exp.. purchase to read more