The British Film Industry by Numbers. Alex Tosta

The British Film Industry by Numbers Alex Tosta

The Bigger Picture Global revenue of the film industry in 2013 was 57 billion UK accounts for 1% of the world s population, but accounts for 7% of global film revenue In the UK, film turnover is 7.2. billion and film contributes 2.9 billion to GDP USA rules the market with the Big 6 Less than 1 in 10 films makes a profit Value Chain: planning to TV

The UK film economy The UK film industry s direct contribution to UK GDP in 2012 was 2.9 billion. Turnover was 7.5 billion The industry exported 1.7 billion worth of services in 2012, contributing to a UK film trade surplus of 789 million 66,000 people worked in the film and video industries in 2013, of whom 42,000 worked in production In 2013, there were nearly 5,500 film production companies, nearly 2,000 video production companies and over 2,200 post-production companies

million The global film market 2009-2018 30,000 25,000 20,000 15,000 10,000 5,000 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 PricewaterhouseCoopers USA Japan UK France China Germany Australia South Korea Brazil India Russia Spain Italy

million The global film market 2009-2018 6,000 5,000 4,000 3,000 2,000 1,000 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 PricewaterhouseCoopers Japan UK France China Germany Australia South Korea Brazil India Russia Spain Italy

2013 million Gross inflation-adjusted film revenues, 2013 6,000 5,000 4,000 3,000 2,000 1,000 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Theatrical Rental video (physical) Retail video (physical) Film on television Film on VoD Rentrak, British Video Association, Official Chart Company, Attentional, IHS, BFI RSU Analysis

Trade surplus of the UK film industry 1995-2012

Exports v imports, 2012

million Film production UK spend, 1994-2013 1,400 1,200 1,000 800 600 400 200 0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Inward Investment Domestic UK Features Co-productions Total BFI RSU

% Production v UK Spend 80 70 60 50 40 30 20 10 0 >= 30 million 10-29.9 million 5-9.9 million 2-4.9 million 0.5-1.9 million < 0.5 million % of productions % of UK spend BFI RSU

Box office/budget ratio UK film is profitable? 12 10 8 6 4 2 0 0 50 100 150 200 250 Budget / US$ million BFI RSU Analysis, Rentrak

UK Filmed Entertainment Market 2010-2012 2010 2011 2012 Total gross Attributable Total gross Attributable Total gross Attributable value ( to UK films ( value ( to UK films ( value ( to UK films ( million) million) million) million) million) million) Theatrical 988 237 1,044 374 1,099 377 Video rental (physical) 253 51 246 54 229 53 Video retail (physical) 1,267 253 1,165 256 968 223 Pay TV 605 74 676 117 671 133 Terrestrial TV 215 51 150 36 205 45 Other digital 353 74 572 123 615 126 TV nvod and 130 30 150 35 236 52 VoD Total 3,811 770 4,003 995 4,024 1,009 Rentrak, BVA, Official Charts Company, Attentional, IHS, BFI RSU Analysis

Estimated release costs by production budget for UK independent films, 2012 Budget ( million) Number of films Average release costs ( million) 10+ 19 2,390,000 5-9.9 15 790,000 2-4.9 26 430,000 0.5-1.9 31 190,000 < 0.5 50 50,000 Source: BFI RSU analysis of NMR data

UK box office market share by country of origin, 2001-2013 In 2013 USA takes the greatest share of the UK box office 73% 22% comprised British films Leaving 5% of the box office for Europe, India and the Rest of the World

Distributor market shares, 2001-2012 BFI RSU analysis of Rentrak data

The top 20 films earn almost half of total theatrical revenues In 2012, the top 100 films dominate the box office, taking 91% of revenues ( 1,049 million) Therefore, the rest (598 films) shared 9% of revenues ( 104 million)

UK cinema admissions, 1935-2013

The UK a nation of avid film consumers Attentional, BFI RSU analysis, Cinema Advertising Association, IHS In 2011, we watched films on 5.1 billion occasions around 87 films per person

Film viewing by age, 2011 UK Film Council, Harris Interactive 2011

Electronic home video spending 19.1% cagr

million VoD v Video 3,000 2,500 2,000 1,500 1,000 500-2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 VoD Video IHS, British Video Association

UK films and talent internationally UK films took 15% of global box office revenues in 2012 ($5.3 billion). Of this, 13% was for studio-backed films and 2% for independent films Of the top 200 global box office successes since 2001, 31 films are based on stories and characters created by UK writers Ten of the top 20 global box office successes since 2001 were based on novels by British writers Films based on UK source material accounted for 7% of global box office revenues from 2001-2012 Nearly two thirds of the top 200 films released worldwide since 2001 have featured UK actors in lead or prominent supporting roles

Women in film In 2007-2012, 13% of writers and 8% of directors were women, although in 2012 women represented 36% of the creative industries In the creative industries, women are over-represented in make-up and hairdressing (81%), costume and wardrobe (73%), legal workforce (56%), distribution, sales and marketing (55%), business management (52%) and broadcast management (51%) In 2010-2012, 37% of top 20 UK independent films were written by women, 18% were directed by women 7% of directors and 5% of writers on UK/USA studio titles were women, scoring significant successes

Entries Entries Scotland Education media and film still popular? 80,000 1800 70,000 1600 60,000 50,000 1400 1200 40,000 30,000 20,000 1000 800 600 400 10,000 200 0 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 GCSE GCE Degree/Post-grad Intermediate Higher 0 Higher Education Statistics Authority, Joint Council for Qualifications, Scottish Qualifications Authority

Conclusions The UK punches above its weight in terms of market size, production activity and talent. Nevertheless, the UK is still reliant on the major USA companies for much of its film activity USA will continue to dominate the market, but China may not be far behind by 2024. And the UK? Cinema is the main film platform, but TV has the largest revenue and audience Home entertainment is changing VoD is the new platform enabling people to watch film on the move. Will it fully replace video by 2020? Women are under-represented behind the camera, but make successful films What will be the future of media and film subjects, and its impact on the film industry?

Contacts www.bfi.org.uk/statistics www.bfi.org.uk/statisticalyearbook2013 www.bfi.org.uk/statisticalyearbook2014 rsu@bfi.org.uk