Charlotte Moore, Director of Content, delivered the Steve Hewlett Memorial Lecture 2018.
Courtesy of The BBC Media Centre, here is Charlotte Moore's "Steve Hewlett Memorial Lecture 2018".
She said...
".........since 2010, when the licence fee was frozen, the amount we have available to spend on content has fallen by nearly a fifth.
That’s meant half a billion less a year to spend on new British ideas and programmes.
........Netflix’s current budget for programmes is $8 billion. Amazon’s is $5 billion. But their investment into new UK programmes is only around £150 million a year. Less than 10% of their catalogues is made up of content produced in the UK.
.......Ten years ago, around 83% of independent production companies in the UK were either UK or European owned. Today it’s less than 40%, with the rest owned by US multinationals.
.......Tony Hall has talked in recent weeks about some of the pressures we face. As he’s said: the cracks are beginning to show. Because of the huge changes that have taken place in the market around us - the vast increases in competition and costs-– what we currently do is simply not sustainable with the resources we have."
The entire lecture may be read
here.
It was an RTS / Media Society event.