NEW FIGURES REVEAL YORKSHIRE & HUMBER IS UK’S FASTEST GROWING REGION FOR FILM & TV
INDUSTRY GROWTH RATE MORE THAN DOUBLE NATIONAL AVERAGE
20th June 2017 – Screen Yorkshire has today released new figures that reveal that the growth of Yorkshire & Humber’s film and TV industries has outstripped that of every other part of the UK, including London and the South East. The figures show that between 2009-2015, Yorkshire’s Film & TV Industries generated an annual turnover of £424m across 590 creative businesses (an increase of 247% against the UK average of 118%) with Gross Value Added (GVA) increasing 242% in comparison to a UK average growth of 120 %.
One of the most significant drivers of this growth is Screen Yorkshire’s Yorkshire Content Fund (YCF), which has been backed by the European Regional Development Fund (ERDF) and which has secured over £157 million of new business to the region through its investment activities. These investments include some of the UK’s top grossing independents, such as Dad’s Army, Swallows & Amazons and Testament of Youth; hit TV dramas like National Treasure and Peaky Blinders and some of the region’s best home-grown production companies; from visionary drama producers like Warp and Inflammable Films to award winning factual producers including VeryMuchSo and Daisybeck Studios.
The figures are based on data from the Office of National Statistics (ONS) and have been taken from research commissioned by Screen Yorkshire as part of a new five year Growth Plan for the screen industries in the region. The plan has been developed by the Yorkshire Screen Hub, a consortium led by Screen Yorkshire in partnership with Game Republic and Sheffield Doc/Fest, the UK’s premier documentary festival, which welcomed audiences from around the world for its 24th edition last week. It is supported by the BFI and fourteen local partners, including 8 local authorities and six universities. The Yorkshire Screen Hub is the first and to date, only hub to be supported by the BFI’s Creative Cluster Challenge Fund, which aims to support growth in the screen sectors outside of London.
Sally Joynson, Chief Executive at Screen Yorkshire, says:
‘’With the UK’s creative economy booming, this new research is highly significant for Yorkshire and these figures clearly demonstrate that the region is punching above its weight when it comes to producing world class film & TV. Furthermore, this growth has been achieved against a backdrop of increasing consolidation and hugely disporportinate investment on a national and local level into creative industries on the west side of England and the UK.’’
‘’We can now demonstrate how much more we can achieve for the region, the wider north and the UK economy as a whole if we can attract the right level of support and investment into the sector in Yorkshire. Our aim is to ensure that Yorkshire & Humber is central to this increasingly vital sector for the national economy.’’
In addition to revenue figures, the ONS data also shows that the number of business units across Yorkshire and Humber grew 57% vs a UK average of 47%, while employment across the film and TV industries in the region grew 88% against a UK average of 32%. The impact on the wider economy is greater still once the supply chain is taken into account. The total impact of the Screen Industries in Y&H is estimated to support some 12,000 jobs (directly and indirectly) with a turnover of just below £1.1 billion. A particularly significant part of this spillover impact is tourism, with the Screen Industries estimated to account for 1,000 jobs and some £120 million of the turnover of tourism-based companies.