ICAEW and PwC have published UK television in Focus.
This exciting report highlights Britain's front-row place in the global television industry, the corporate deals that have reshaped the sector and business and financial challenges for TV producers in the UK.
PwC forecast that the global television market will be worth $325bn in revenues by 2020. This ICAEW/PwC report outlines why innovative digital technologies, fast-changing consumer trends and international M&A are transforming TV.
Industry insiders interviewed include Tobi de Graaff at BBC Worldwide, Tom Betts of ITV, Laura Franses of Channel 4, Iain Pelling of Arrow Media, Julian Freeston of Banijay Group, Steward Mackinnon of Headline Pictures, Fiona Clark-Hackston of the British Screen Advisory Council and Alistair Levack of PwC. They exemplify the need to combine financial leadership, business acumen and external professional advice with creativity.
Shaun Beaney of ICAEW's Corporate Finance Faculty, and Phil Stokes, UK Media & Entertainment and Creative Industries Leader at PwC, are co-authors of the report.
It builds on PwC's expertise in the sector and ICAEW's publication of Creative Industries - route to finance (2015).