Professional Documents
Culture Documents
Motion Pictures, Music & Television: Reading Sample
Motion Pictures, Music & Television: Reading Sample
Motion Pictures, Music & Television: Reading Sample
Note:
Content may vary between reports
Featuring an exclusive
Brexit analysis
May 2019
Agenda
03 Companies 06 Appendix
▪ Top companies ▪ Data description and methods
▪ Business demographics ▪ Glossary
▪ Authors
2
The UK Industry Report
With this report, we provide a comprehensive overview of the current ▪ Motion picture, video and television programme production
state of the Motion Pictures, Music & Television industry as well as a contributed 0.8% to the gross value added
prognosis for the upcoming years. In addition to all relevant market
▪ Number of enterprises increased by 7.3% annually from 2010 to 2017
figures like trade trends, top companies and workforce, we provide
insights into the potential impact of Brexit on the industry’s turnover ▪ With a share of 7%, professional, scientific and technical activities had
and the implications for trade with the European Union. the 5th highest share
Gain insight into the major trends in the Motion Pictures, Music & ▪ The number of full and part-time employees decreased by -3.8% p.a.
Television industry in order to assess the risks and opportunities from 2011 to 2018
relevant for domestic and international business.
▪ Working hours in the industry are slightly below the sector level in
We wish you a valuable and informative reading experience. 2018
3
Industry definition
Section 59: Motion Pictures, Music & Television Industries included in this section
This division includes production of theatrical and non-theatrical motion ▪ ISIC code 59.1: Motion picture, video and television programme
pictures whether on film, video tape or disc for direct projection in production (post-production, distribution) activities and motion
theatres or for broadcasting on television; supporting activities such as picture projection activities
film editing, cutting, dubbing etc.; distribution of motion pictures and
other film productions to other industries; as well as motion picture or ▪ ISIC code 59.2: Sound recording and music publishing activities
other film productions projection. Buying and selling of motion picture
or other film productions distribution rights is also included.
This division also includes sound recording activities, i.e. production of
original sound master recordings, releasing, promoting and distributing
them, publishing of music as well as sound recording service activities in
a studio or elsewhere.
▪ Brexit analysis
▪ SWOT analysis
5
Motion Pictures, Music & Television in the UK
Overview: key figures at a glance
33.2
Average weekly hours
worked in 2018
1: Statista estimate 2: CAGR: Compound Annual Growth Rate / average growth rate per year
6 Source: Office for National Statistics 2018, Statista Top List 2019
Brexit timeline
Brexit analysis: timeline (1/2)
Brexit timeline
Negotiations between
the UK and the EU ▪ In June 2016, the UK public voted to leave
the EU (51.9% leave, 48.1% remain).
Yes No
1: Prime Minister’s (PM) deal 2: European Economic Area (EEA) agreement 3: Average Foreign Trade agreement
8 Source: Statista 2019
Negative long-term economic effects expected in all
scenarios
Brexit analysis: potential scenarios
Scenario 1: Prime Minister’s (PM) deal Scenario 3: Average Foreign Trade (AFT) agreement
▪ The aim is for a free trade area for goods, giving frictionless border ▪ HMG expects tariffs to be equivalent to, on average, 5% to 11% of the
access. However, the UK would seek to have a separate arrangement value of trade.
for services.
▪ It would also introduce Rules of Origin. Stricter migration policies
▪ The UK acknowledges that it cannot have all the benefits of the single could reduce the flow of EU workers, while additional barriers on
market without its obligations; it is thus necessary to create a bespoke commercial association, digital and financial services may occur.
new arrangement.
▪ Analysis suggests a GDP decrease of 6.4%1 relative to underlying
▪ Analysis suggests a GDP decrease of 3.1%1 to 1.9%1 relative to growth and an average reduction for manufactured goods and
underlying growth. services of close to 8% and 5% relative to underlying output
respectively.
Gross value added by sector group in 2017 Potential barriers on EU imports from the UK
Services Manufactured of goods Networks Financial services Agriculture and food Dwellings1
20%
9% 15%
13%
12%
8% 10%
9%
3%
7% 1%
0% 0%
Tariff NTBs2
2%
Tariffs are a tax or duty to be paid on a particular product that is
imported or exported. These add directly to the costs of trade,
60% increasing the price of traded goods.
14%
Non-tariff barriers (NTBs) are administrative, technical and regulatory
obstacles to trade. Some NTBs, such as customs procedures, can be
incurred at the border, while others can be incurred “behind the border”,
such as costs associated with the recognition of professional
qualifications. NTBs are particularly important in influencing businesses
ability and willingness to trade.
-14%
-12% -12%
-11%
-10%
-9%
-8% -8%
-6%
-4% -4%
-2%
Note: The benefits of new trade deals with countries outside the EU are captured here. This does not include migration or regulatory flexibility
effects.
11 Source: EU Exit: Long-term economic analysis 2018
Get more insights in the Statista Brexit Factbook
Brexit analysis: Brexit Factbook
Referendum:
▪ 51.9 % leave vote
48.1 % remain vote
▪ 33,551,983 votes
Economic effects:
▪ Pound down 7% against the Euro the day after the Brexit vote
▪ Predicted loss to GDP by 2020 in case of no-deal Brexit: UK -3.3%, EU
-1.5%
Parliamentary process:
▪ 320 votes needed for a Brexit deal to pass through parliament
Content:
▪ Comprehensive overview with the most important facts & figures
▪ Entire process from the lead-up to the EU membership referendum
▪ Economic, financial & political ramifications with regular updates
12
Motion pictures, music & television
SWOT analysis
13 Source: British Film Institute 2019, Screen Daily 2018, Sky News 2018, Stephen Follows 2018, The Guardian 2018, Statista 2019
FINANCIAL
NUMBERS
▪ Industry turnover
▪ Consumer spending
14
The long-term impact of a WTO no-deal Brexit is
expected to be negative in this industry
Industry turnover (1/2)
Turnover in billion £
Todays’ arrangement Brexit – no-deal scenario Impact
40.5
38.8
37.0 -4.7%
35.1
33.1
31.0 38.6
29.7 37.2
35.8
34.3
25.7 32.7
23.1
17.6 18.4
16.0 16.9
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Statista estimate
The World Trade Organization (WTO) no-deal Brexit scenario is defined as the absence of an agreement between the UK and the EU. In these
conditions, it is assumed that both parties would trade on non-preferential WTO terms with tariffs set at EU-applied Most Favoured Nation (MFN) rates.
MFN tariffs are estimated to be equivalent to 0%. Likewise, non-tariff barriers would be introduced, such as Rule of Origin and other customs costs,
which would be equivalent to, on average, 15% of the trade value. It is expected that the motion picture, video and television programme production,
sound recording and music publishing activities industry will experience an average decrease of 8% relative to underlying output over the next 15 years.
15 Source: Office for National Statistics 2018, Statista 2019, HMG EU Exit: Long-term economic analysis 2018
Industry turnover to increase by 4.5% p.a. from 2018
to 2023
Industry turnover (2/2)
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Statista estimate
1: CAGR: Compound Annual Growth Rate / average growth rate per year
16 Source: Office for National Statistics 2018, Statista 2019, EU Exit: Long-term economic analysis 2018
Motion picture, video and television activities grew by
10%, which was faster than the industry average
Industry turnover: subcategory comparison
11
10
9 Motion picture, video and television programme distribution activities
8
7
6
5
4
3 Motion picture projection activities Motion picture, video and television programme production activities
2 Industry average
1: Statista estimate
17 Source: Office for National Statistics 2018, Statista 2019
With a £31 billion turnover, the industry ranked 3rd
place in 2018
Turnover: industry comparison
1: Statista estimate
18 Source: Office for National Statistics 2018
Motion picture, video and television programme
production contributed 0.8% to the gross value added
Gross valued added and trade: GVA (1/2)
Accommodation
and food service
activities, 4.2%
Education,
1.5%
Agriculture
Mining
1.3%
0.2%
19 Source: Office for National Statistics 2018
The GVA in the motion picture, video and television
programme activities industry increased by 9.5%
Gross valued added and trade: GVA (2/2)
15.6
99.2% 13.7
99.4% 99.3%
99.4%
99.5%
99.5% 99.5% 9.5
8.5
6.2 6.3 6.4
5.5
2.7 1.9
-0.9
0.5% 0.5% 0.5% 0.6% 0.6% 0.7% 0.8%
2011 2012 2013 2014 2015 2016 2017
2011 2012 2013 2014 2015 2016 2017
1: CAGR: Compound Annual Growth Rate / average growth rate per year
20 Source: Office for National Statistics 2018
Revenue is expected to grow to £1,946 million by
2023
Consumer spending: Digital Market Outlook - Video-on-Demand & Digital Music (1/2)
+4.0%1 1,946 41
234 39
1,603 156 2018 44
177
13
154
25
784
708 47
123 40
2023 38
140
649 12
424 32
2018 2023
1: CAGR: Compound Annual Growth Rate / average growth rate per year
Note: See appendix for market, segment and sub-segment definition
21 Source: Statista Digital Market Outlook 2019
With revenues of £1,603 million, the UK ranked 4th in
2018
Consumer spending: Digital Market Outlook - Video-on-Demand & Digital Music (2/2)
1: CAGR: Compound Annual Growth Rate / average growth rate per year
22 Source: Statista Consumer Market Outlook 2019
COMPANIES
▪ Top companies
▪ Business demographics
23
Sky plc registered the largest revenue in 2018
Top companies
Note: Total revenue includes all revenues generated by the company in various industries and across the world
24 Source: Statista 2019
Number of enterprises increased by 7.3% annually
from 2010 to 2017
Business demographics: number of enterprises (1/2)
25,940 26,361
+7.3%1 24,206
22,033
20,506
18,631
17,239
16,101
1: CAGR: Compound Annual Growth Rate / average growth rate per year
25 Source: Office for National Statistics 2018
Most enterprises in the industry are in motion picture,
video and television programme production
Business demographics: number of enterprises (2/2)
4,390
4,095
3,930
3,515
2,740
2,530
2,120
1,810
26.7%
39.7%
48.1%
54.6%
11%
91.9%
74.3%
61.3%
52.9%
46.5%
89%
2013 2014 2015 2016 2017
1: A business is deemed to have survived if having been a birth in year t and it is active in terms of employment and/or turnover in any part of
t+1
28 Source: Office for National Statistics 2018
EMPLOYEES
AND SALARIES
▪ Employment
▪ Wages
29
With a share of 7%, professional, scientific and
technical activities had the 5th highest share
Employment: share of employment
1.4% 11.9%
3.7%
3.7%
5.4%
4.3%
4.6%
+3.2%1
114.6
108.1 110.2
106.3
102.3
94.5
91.8 91.3
37.8% 40.8%
40.0% 42.9%
39.0%
39.0% 35.7%
41.0%
1: CAGR: Compound Annual Growth Rate / average growth rate per year
31 Source: Office for National Statistics 2018, Statista 2019
The number of full and part-time employees
decreased by -3.8% p.a. from 2011 to 2018
Employment: total employees (2/2)
59.0 -3.8%1
49.0
45.0
41.0 42.0 42.0
40.0
37.0
48.0
35.0
29.0 35.0
33.0 30.0 33.0
29.0
13.0 14.0
11.0 10.0 9.0 10.0
8.0 8.0
1: CAGR: Compound Annual Growth Rate / average growth rate per year
Note: Only full and part-time jobs included
32 Source: Office for National Statistics 2018
Working hours in the industry are slightly below the
sector level in 2018
Employment: weekly hours worked
33.9
33.4
33.3 33.2
33.1 33.0
32.6 32.6
32.3 32.3 32.4 32.3 32.3
32.1 32.1 32.1
32.0 32.1
The average basic weekly working time in the motion picture, video and television programme production, sound recording and music publishing
activities industry was at 33.2 hours in 2018. In comparison, the overall information and communication sector had an average weekly working time of
35.3 hours.
-5.6%
39.1 38.5
36.3 36.7
35.8 35.2 35.7 35.7
34.2 34.7 34.7
32.6 32.1 32.5
31.7
1: For all employees in the industry, including part-time 2: Current £, see glossary for differences between current and constant £
34 Source: Office for National Statistics 2018
EUROPEAN
COMPARISON
▪ Industry turnover
35
The United Kingdom and Western Europe have the
highest turnover
Industry turnover (1/3)
For NACE, turnover comprises the totals invoiced during the reference
period, and this corresponds to market sales of goods or services
supplied to third parties. It includes all duties and taxes on the goods or
services invoiced with the exception of the VAT invoiced to the customer
and other similar deductible taxes directly linked to turnover. It also
includes all other charges (transport, packaging, etc.) passed on to the
customer.
1: Bosnia and Herzegovina - value for 2016, Estonia - value for 2016 2: Nomenclature statistique des activités économiques dans la
Communauté européenne (statistical classification of economic activities in the European community)
36 Source: Statistical Office of the European Union (Eurostat) 2018
With £27.8bn, the United Kingdom generated the
highest turnover in 2017
Industry turnover (2/3)
Growth in 2016–2017
+1.2% +4.1% -13.7% -0.8% +12.0% -2.2% +5.6% +6.7% -17.3% -5.2%
27.8
11.3 10.0
4.6 4.6 4.1 3.0 2.0 1.5 1.2
United Germany France Spain Netherlands Italy Sweden Belgium Poland Austria
Kingdom
Turnover growth, turnover in billion £ and average turnover per enterprise in million £ in 2017
Growth in % 2016–2017 Top countries average Value size is equal to £5 billion
15
Netherlands
10
Germany
Belgium
5 Sweden
Average Spain
0
-10
France
-15
Poland
-20
0.0 0.1 0.2 0.3 0.4 0.5 0.6 1.0 1.1
Average turnover per enterprise in million £
1: Enterprises that have been active during at least a part of the reference period 2: This is defined as the total number of persons working in
the observation unit as well as persons working outside the unit who belong to it and are paid by it 3: France - value for 2016 4: In 2016
Note: Only includes top countries by turnover in 2017
39 Source: Statistical Office of the European Union (Eurostat) 2018, Statista 2019
APPENDIX
▪ Data description and methods
▪ Glossary
▪ Authors
40
Methodology and data used in this report
Data description and methods (1/2)
Data sources
The Statista Industry Reports present quantitative data from various private and public sources of information. These sources include the Office for
National Statistics of the UK and Statista itself. The data sources are indicated in footnotes throughout the report.
Current £
Values in this Industry Report are in current £. This reflects the value the currency has in a particular year. Current data series are influenced by the
effect of price inflation and differences in exchange rates, and the comparability of growth rates between countries is limited.
41
About the forecasting methods
Data description and methods (2/2)
Depending on the availability of data and the quality of the data time
range, the following methods were used to prepare forecasts: trend Forecasting
analysis (moving average analysis, second-order statistical smoothing methods
and multiplier analysis), linear regressions as well as subjective
estimates. These estimates reflect years of industry expertise and vast
know-how. Qualitative
Quantitative
time-series
Industry-specific sales, revenue and shipment calculations were made time-series analysis
analysis
according to the relevant economic and business indicators, such as:
Second-order
Regression
statistical
analysis
smoothing
Moving
average
analysis
Multiplier
analysis
42
Glossary of terms
Glossary (1/2)
Brick and Mortar Store: Physical offline store that focuses Current £: Data reported in current £ reflect the value the
on traditional face-to-face sales. Opposite of an Ecommerce currency has in a particular year. Current data series are
shop. influenced by the effect of price inflation and differences in
exchange rates and the comparability of growth rates
Compound annual growth rate (CAGR): Measure of the
between countries is limited.
average growth rate per year over multiple time periods.
Gross value added: Value added is the net output of a
Constant £: Data expressed in constant £ show the data for
sector after adding up all outputs and subtracting
each year in the value of a particular base year. The base
intermediate inputs. It is calculated without making
year of each country's national accounts is country specific.
deductions for depreciation of fabricated assets or
Constant series are used to measure the true growth of a
depletion and degradation of natural resources.
series by adjusting for the effects of price inflation.
Most-favoured-nation (MNF): MFN means treating other
Consumer spending: Average per-capita spending of
people equally. Under the WTO agreements, countries
private households on durable and non-durable goods
cannot normally discriminate between their trading
which is influenced by various factors. Key determinants
partners. Grant someone a special favour (such as a lower
include income, household debt levels and consumer
customs duty rate for one of their products) and you have to
expectations.
do the same for all other WTO members.
43
Glossary of terms
Glossary (2/2)
NACE: acronym used to designate the various statistical SIC code: The UK Standard Industrial Classification of
classifications of economic activities developed in economic activities (SIC) is a five-digit classification providing
the European Union (EU) since 1970. the framework for collecting and presenting a large range of
statistical data according to economic activity.
Non-tariff barriers: administrative, technical and regulatory
obstacles to trade. Some NTBs, such as customs Tariffs: Taxes or duties to be paid on a particular product
procedures, can be incurred at the border, while others can that is imported or exported. These add directly to the costs
be incurred “behind the border”, such as costs associated of trade, increasing the price of traded goods
with the recognition of professional qualifications. NTBs are
Trade balance: net sum of a country's imports and exports
particularly important in influencing businesses’ ability and
willingness to trade. Turnover: defined as the total value of sales. This is
calculated by adding together the values of sales of goods
Revenue:. Revenue is cash receipts from taxes, social
purchased and resold without further processing, work done
contributions and other revenues such as fines, fees, rent
and industrial and non-industrial services rendered.
and income from property or sales.
World Trade Organization: only global international
Rule of Origin: criteria needed to determine the national
organization dealing with the rules of trade between nations.
source of a product. Their importance is derived from the
WTO agreements are negotiated and signed by the bulk of
fact that duties and restrictions in several cases depend
the world's trading nations and ratified in their parliaments.
upon the source of imports.
44
Overview of the UK Industry Reports (1/2)
Manufacturing: Fashion & Textiles Manufacturing: Automotive Retail: Food & Beverages
(SIC 13, 14, 15) Industry (SIC 29) (SIC 47.2)
45
Overview of the UK Industry Reports (2/2)
Retail: Sports, Toys, Books & Music Restaurants & Nightlife Real Estate
(SIC 47.6) (SIC 56) (SIC 68)
Transportation: Water Motion Pictures, Music & Television Travel Agencies & Tour
(SIC 50) (SIC 59) Operators (SIC 79)
Postal & Courier Services Banking & Finance Arts, Entertainment &
(SIC 53) (SIC 64) Recreation (SIC R)
Tourism
Accommodation Insurance
(SIC 51.1, 55.1, 55.2, 56.1, 56.3,
(SIC 55) (SIC 65)
91, 92, 93)
46
About the Statista Global Consumer Survey
The Consumer Market Outlook presents the key performance 4 Home &
Accessories
indicators sales, revenues and prices of the most important Laundry Care
consumer markets worldwide. Our specialized analysts’ market
calculations are based on data from validated sources. Alcoholic Drinks Hot Drinks
Household
▪ Revenues, sales, prices and forecasts Apparel
Appliances
▪ More than 200 product categories in up to 150 regions
Consumer Non-Alcoholic
▪ Covering the period 2010 to 2023 Electronics Drinks
Tissue &
Food
Hygiene Paper
Tobacco
Footwear
Products
The answers to these and many more questions can be found in Statista's
Digital Market Outlook. It provides forecasts, detailed market insights, and key
indicators for the digital economy.
Direct access & downloads, fully integrated into the Statista database
Coming in 2019:
Medium Cars Large Cars
The Statista Toplists show essential KPIs and include contact details and
address information for each company.
The Toplists are the perfect way to start researching leads in your sales
department, to get quick insights into new markets and as a starting point for
further market assessment.
Ann-Kristin is the Vice President Strategic Maike Schlumbohm studied Business Studies Oliver Sánchez joined Statista in summer 2018
Market Insights at Statista and is in charge of in Germany, Spain and Australia. Before after numerous years in marketing and
the production of exclusive own Statista Statista she worked several years in the area of strategy. Oliver worked in various sectors such
content. internal consulting and market research for a as Pharmaceutical, Automotive and
global chemical company and as a research International Development.
After graduating in Business Mathematics, she fellow and lecturer for Six sigma at the
worked as a consultant with the Boston Leuphana university of Luneburg. Oliver completed his undergraduate degree in
Consulting Group and contributed to the International Business and a Masters in
build-up of the German online fashion retailer Comparative Local Development in Germany,
About You as a project manager and by Italy and Hungary.
heading the business intelligence department.
www.statista.com