The Way Forward for the UK Television Market in 2017
2017 promises to be a momentous year in world affairs and in television. Article 50 will be triggered, beginning the UK’s departure from the European Union and the US has a new administration. With a dramatically changed political and economic environment, there are questions about how this year will shake out for the UK television industry.
At an FTI-hosted Breakfast Briefing in mid-January, Jonathan Allan, sales director at Channel 4; Claire Tavernier, owner and managing director at StoryTechLife; David Bouchier, chief digital entertainment officer at Virgin Media and Toby Syfret, TV research analyst at Enders Analysis discussed six potential developments in 2017:
- Television Advertising – will the market hold up despite economic concerns related to Brexit?
- More great British drama is in store, but are there potential risks here?
- Fox is poised to buy Sky, but will Karen Bradley trigger an Ofcom review that could place approval in the latter half of 2017? Also, how will the ultimate merger transform the television landscape in the UK and Europe?
- There is a new BBC Charter, but is Ofcom ready to take on the new responsibilities this coming April?
- Channel 4 had a strong 2016, but will 2017 find the broadcaster either privatised or leaving London?
- ITV has hired Spencer Stuart to develop a succession plan, but is the company more likely to be sold in 2017?