New TV Production market report from Apex Insight reveals UK market growth

Feb. 19, 2014 - PRLog -- Apex Insight (http://www.apex-insight.com) has published new research on the TV production industry.  This quantifies the size of the UK market – now over £3.3bn in value after modest but sustained growth through the recent turbulent economic climate – probes key trends behind the figures in what is increasingly an international industry, and comments on the performance of the leading production companies.  The report also discusses industry value drivers and sets out a UK market forecast supported by relevant evidence.

Although the traditional public service broadcasters still account for over 75% of the market, this proportion is falling (down from around 80% last year) as they continue to face revenue challenges, whether from the internet competing for their ad revenues, or the licence fee being frozen until the next BBC charter renewal in 2016.  Growth in the market is being driven by the multi-channel segment.  Led by BskyB, these broadcasters have, in recent years, significantly increased their levels of commissioning of original UK programming.

The largest television producers remain the two major in-house production arms of the leading networks, BBC and ITV.  While ITV is firmly committed to production being at the core of its business, many believe that the BBC will increase its use of external productions beyond current levels in the future.

The independent sector has changed significantly in recent years.  The acquisition activity which led to significant consolidation and the emergence of several large groups such as Endemol, FreemantleMedia and Zodiak has continued.  These ‘superindies’ now have extensive international operations which provide distribution capability to help them maximise revenues from content and to exploit new revenue streams such as digital rights.  However, the industry is still relatively fragmented with potential for further mergers to occur.

In this environment, we expect to see the industry to continue to grow, potentially at a higher rate than in recent years as the outlook for advertising revenues improves.

The market report (http://www.apex-insight.com/product/uk-tv-production-mark...) is based on data from industry and company sources as well as interviews with senior-level contacts in the market.  It includes analysis of the drivers of industry growth, setting out historical trends and forecasts.

Findings are presented clearly and concisely in a report which makes extensive use of charts and tables to illuminate points and support conclusions.  It is intended for TV production companies themselves as well as private equity and other investors, banks, analysts, consultants, government / regulators and other parties with interests in the industry.

Companies mentioned in the report

All3Media

Apollo Global Management

BBC

Bridgepoint

BSkyB

Channel 4

Chernin Entertainment Company

Core Media Group

Cyrte

Discovery

Endemol

Five

FremantleMedia

Goldman Sachs

ITV

Mediaset

NBC Universal

News Corporation

Permira

RDF

Shed Media

Shine

UKTV

Warner

Zodiak Media