‘Unscripted drama’ is an accurate phrase to describe the state of affairs in Britain right now. Every business is affected, but for the time being we don’t really know the scale of the impact. The uncertainty regarding Britain’s role in Europe may also last for years.
Since we launched The Slate last year, we’ve seen a dramatic upturn in the number of production companies setting up in the UK; many headed up by high-profile executives who have held senior roles in broadcasters and major producers. In the start-up sector, risk-taking and innovation go hand-in-hand, but with the threat of another recession, will this new engine of creativity stall? Fewer and fewer will elect to leave the relative comfort of a big job for an increasingly uncertain future, especially with investment harder to come by.
Deals will still happen, but they will be more complex in a UK that is no longer a de facto part of the single European market.
International co-production in drama has become the norm, but how far will this weather the storm that will follow Britain’s disengagement from Europe? Deals will still happen, but they will be more complex in a UK that is no longer a de facto part of the single European market. Another major obstacle will come from the withdrawal of EU investment in the UK creative industries. This money has been largely invisible to those outside the industry, but has played a big part in encouraging major productions to use the UK as their base.
The EU has also channelled significant investment into training for those working in the UK’s creative sector over the last ten years. This has helped create the skills needed to compete in a global creative economy, everything from leadership and management training through to technical skills development. It’s hard to see that investment like that would come directly from a UK government.
Creativity is known to thrive in harsh economic times.
The quality of Britain’s TV output is respected across the globe. Creativity is known to thrive in harsh economic times. The majority of people in the creative industries favoured Remain (67% in a survey of 800) and there is a powerful will to do business in the single market and maintain international co-operation.
This is a drama for certain, but it’s not a crisis. This season didn’t go the way we expected but the next could be better. Stay tuned.