Creative Industries – Routes to Finance is a major initiative by the ICAEW’s Corporate Finance Faculty, supported by the Creative Industries Federation and 52 organisations in the UK’s creative economy.
Together these help organisations to develop financial sustainability and resilience. The guide is based on in-depth interviews and contributions by more than 80 professionals – from national cultural institutions, creative businesses, government agencies, investors, lenders and advisory organisations, who were all part of the original research process.
The creative industries encompass a wide range of film, TV, music, radio, video games, publishing, design, fashion, crafts, fine arts and the performing arts. They are at the heart of the UK’s culture, its international reputation, and some of its most exciting businesses. The Corporate Finance Faculty estimates that the sector accounted for at least £4bn worth of investment deals and M&A in 2014.
Creative Industries – Routes to Finance has been devised, researched and written by Shaun Beaney, ICAEW Corporate Finance Faculty, with John Kampfner, Chief Executive, Creative Industries Federation. 52 organisations and more than 80 individuals have contributed their know-how to the publication, from government, arts, culture, the third-sector, advisory and investment.
PwC has forecast that the global television market will be worth $325bn in revenues by 2020. The new ICAEW/PwC report outlines how innovative digital technologies, fast-changing consumer trends and international M&A are transforming TV.
CEO Creative Industries Federation John Kampfner MP, Ed Vaizey CEO Edge Investments, David Glick, Shaun Beaney ICAEW and Keith Morgan CEO British Business Bank
ICAEW CEO Michael Izza, Minister of State Ed Vaizey CEO Edge Investments David Glick and British Business Bank CEO Keith Morgan
Michael Izza addresses Creative Industries launch