The UK’s film and TV industry is at a pivotal moment, and Culture Minister Sir Chris Bryant is pushing for the BBC’s licence fee to remain a cornerstone of the sector’s success. Speaking at the Culture, Media, and Sport Committee’s inquiry into British film and high-end television, Bryant emphasized the need for a “massive production budget” to keep the UK competitive on a global stage.

“I want us to have a massive production budget for making television, not just high-end, but across unscripted formats and film,” said Bryant. While welcoming the investments of major streamers like Netflix, Disney, and even Tom Cruise, he also stressed the importance of British production companies retaining their intellectual property when partnering with these global giants. “I kind of want a bit of both,” he added, balancing the benefits of inward investment with safeguarding the local creative ecosystem.

The BBC licence fee, set to rise to £174.50 in April, plays a vital role in funding UK content. However, as the Royal Charter approaches renewal in 2027, the Government will review funding models for the broadcaster. Meanwhile, BFI Chairwoman Jay Hunt highlighted the need to stay vigilant about the market’s challenges, citing protectionist policies from Hollywood and tightening regulations in Europe.

Despite these challenges, the UK is thriving, with a record-breaking £4.2 billion in production spend in 2023. Hunt noted the success of shows like Clarkson’s Farm, Slow Horses, and Rivals, proving British content can thrive beyond traditional public service broadcasters like the BBC. However, she warned the industry against complacency, emphasizing the need for strategic investment and support to maintain this growth trajectory.

The takeaway? The UK is dominating Europe’s production landscape, but sustaining that success requires navigating a complex and evolving market while ensuring the BBC and independent creators alike remain central to the industry’s future.