EXCLUSIVE: New UK Prime Minister Liz Truss and Chancellor Kwasi Kwarteng are preparing to unveil the government’s plan to tackle the worst cost-of-living crisis for decades, and the TV indust…
have each told Deadline that they are taking a flexible approach to the budgets they set producers to make shows in order to account for any extra costs, with Channel 4 currently in the process of reviewing its commissioning tariffs.
, will aim to deal with this in some regard and they have already unveiled a blueprint to help protect businesses over the coming months.In recent weeks, multiple producers have raised concerns to Deadline over the rising costs and John McVay, the CEO of producer trade body Pact,According to McVay, drama producers are reporting costs rising by up to 30%.
When approached by Deadline, each broadcaster stressed that they are flexible in order to account for extra costs. The full responses can be seen below. “We’re focused on being the best partner we can be for our independent production suppliers,” added the latter.
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