How pound slump could spark £3bn film and TV investment boom
by Mark Sweney from Economics | The Guardian on (#64BJJ)
UK production industry could record extra-boost from US companies seeking overseas filming locations and production facilities
The UK's film and TV production industry could receive an almost 3bn increase in investment by Hollywood studios and streaming companies annually by 2025, as the pound's decline against the dollar in recent months makes Britain a bargain location for shooting big-budget movies and TV series.
The UK production industry is enjoying a post-Covid boom with a record 5.6bn spent in the past year, making films such as Tom Cruise's action title Mission: Impossible 7 and dramas including Bridgerton and Star Wars: Andor.
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