Thursday, September 20, 2012

THE UK FILM INDUSTRY GROWTH


The UK film industry contributed more than £4.6bn towards the UK GDP (Gross Domestic Product) in 2011, according to an independent report.
It said the industry has "grown significantly" in the last 20 years.
The number of UK films has grown from an average of 43 in the 1980s to 136 in the 2000s, according to report author Oxford Economics, a global forecaster.
The economy was worth about £1.5 trillion in 2011, with UK film accounting for 0.3% of GDP last year.
The GDP is a measure of the value of goods and services produced in the economy.
The report said UK box office receipts hit a record high last year of £410m, boosted by films including Harry Potter and the Deathly Hallows: Part 2 and Sherlock Holmes: A Game of Shadows, plus independent films such as The King's Speech and The Inbetweeners Movie.

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