UK producers spent£70m more on post-production in 2004 than they did the year before, according to a sector-wide study published today by Broadcast.
UK producers spent£70m more on post-production in 2004 than they did the year before, according to a sector-wide study published today by Broadcast
Post Survey 2005 reveals that the top 100 UK television post facilities were paid a combined£353m last year for editing, grading, graphics and audio compared with£283m in 2003 - an increase of around 25%.
The extra turnover came from a range of media including commercials and film as well as increased levels of television series production. Broadcast estimates that at least one third of that extra spend came from television producers.
BBC Post Production earned the most from TV bringing in an approximate£43m, while the Moving Picture Company, with sales of£44.5m, cashed the most overall.
The report, which ranks companies by how much they earned from TV last year, also points to an 18% growth in staff numbers to 4,500, and an increased expenditure on kit from£39m in 2004 to£45m this year.
The BBC was voted best and worst broadcaster to deal with, while The Farm was voted as the best post house by producers for the second year running.