TV Drama Downturn: Commissioners Seek Safe Bets
Leading TV executives are navigating a changed landscape, where the traditional funding models are no longer reliable.
“None of this is happening anymore,” says Chimenz, highlighting the shift in the industry.
In the UK, a greenlight from a broadcaster on a major drama series is no longer a guarantee of production, as they can only provide around a third of the financing required. Distributors and tax credits, which used to fill the funding gaps, are now less reliable.
- Distributors are reluctant to provide significant gap finance due to caution from international buyers.
- Traditional funding models are no longer sufficient to cover the costs of big-budget series.
Autor: Commissioners are seeking safe bets amid TV drama downturn.
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