The UK’s scripted funding crisis has reached a critical point, with drama producers revealing that UK broadcasters can only finance about a third of the budget needed for major series. This leaves a staggering 60% gap that producers must fill through other means. In a recent meeting, BBC executives, including Director General Tim Davie, engaged with top producers to discuss this unsustainable situation. The talks highlighted the need for more affordable domestic content, with the BBC suggesting a shift towards producing shows that cost around £2 million ($2.5 million) per hour. This approach aims to reduce reliance on co-productions with U.S. studios. Additionally, producers are pushing for extended tax credits to support lower-budget UK dramas and comedies. Despite the BBC’s commitment to British creativity, the funding model’s current trajectory suggests a future where UK producers might increasingly cater to international markets for high-budget shows while focusing on cost-effective series for the domestic audience.
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