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UK Government Has “No Plans” For Streamer Levy Amid Scripted Funding Crisis
UK government rules out idea of imposing a levy on U.S. streamers like Netflix amid a funding crisis for domestic scripted series.
Sir Chris Bryant, the creative industries minister, told lawmakers on Tuesday that “we haven’t got any plans” to follow other European countries in introducing a so-called streamer levy. The BBC sounded the alarm about funding gaps last week, revealing that multiple greenlit series are “stuck in limbo ” and not able to enter production, one of which is A24’s adaptation of Booker Prize-winner Shuggie Bain. In an interview with Deadline, BBC drama boss Lindsay Salt blamed a “perfect storm,” citing “a difficult global sales market, high inflation due to demand for talent and infrastructure, and some of our former co-production partners no longer wanting to share their rights with the PSBs, along with a smaller licence fee in real terms.”
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