With the era of easy money long gone, producers are looking to co-production, financing and distribution models pioneered by the independent film industry.
The bubble, that surge of cash that over the past decades helped bankroll an unprecedented boom in TV drama production, appears to have burst.television market, are pondering a future in which the cost of TV drama continues to spike while the primary sources of financing, namely broadcasters and online streamers, are slashing their commissioning budgets.
“The cost of an hour of television drama in the U.K. has gone from £1.5 million to £2.5 million per hour, and you can’t finance that out of the U.K. market,” said Christian Baute of Headline Pictures, producers of
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