News
I
Brexit risks £1bn international
media investment
nternational broadcasters invested a
record £1.02 billion (€1.15bn) in the UK
in 2017, an increase of more than 50
per cent on the comparable figure (£679m)
in 2011, according to new independent
research commissioned by UK trade body the
Commercial Broadcasters Association, (COBA)
who warn that this investment is at risk unless
the Government secures access to EU markets
once the UK leaves the EU.
The research shows:
• The importance of the UK’s status as
Europe’s leading international broadcasting
hub
• The strong potential for growth in jobs
and investment driven by international
channels
• The potential damage to the UK television
sector if access is not secured to EU markets
for international broadcasters based in the
UK.
The research was commissioned by the
COBA, the industry body for multichannel
broadcasters, from leading media analysis
firm Oliver & Ohlbaum Associates. It looked at
investment by channe