UK Film and High-End TV Spending Reaches £5.6 Billion in 2024

In 2024, film and high-end TV production spending in the U.K. reached £5.6 billion ($7 billion), marking a 31% increase from the previous year and surpassing pre-COVID levels for the first time. High-end TV contributed £3.4 billion ($4 billion) to this total, while feature film production accounted for £2.1 billion ($2.6 billion), with films seeing a notable 56% rise in spending. The recovery is attributed to the rebound from the disruptions caused by the U.S. SAG-AFTRA and WGA strikes in 2023, which had significantly impacted production. Inward investment played a crucial role, generating £4.7 billion ($6 billion) and reflecting a robust return to production for major international projects. Productions like 'Peaky Blinders: War' and 'How to Train Your Dragon' contributed to the buoyancy of the U.K. film and TV industries. BFI CEO Ben Roberts emphasized the U.K.'s ongoing strength as a leading destination for creativity, investment, and job creation in the sector.