UK Broadcasters & Streamers Chided For Failing To Help On Rising Costs, Says Pact Survey
In the networks’ defense, 35% said the opposite, that they “had been understanding and tried to help with costs,” while the rest of the respondents were in the middle.
Producers reported costs rising by around 10% to 20%, with the vast majority saying this has had some impact on margin. Around one-third said their margins had been impacted by 20%. Of those who reported impacted margins, London indies were ahead of non-London indies . “We knew that members were facing higher costs but this survey has helped to show us the extent that the cost of living crisis is impacting production companies across the UK,” he added.
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