Scottish Enterprise and Creative Scotland have today announced a new £1m Television Production Scheme which will provide a significant boost to the broadcast television industry in Scotland.
By providing co-investment, alongside a private sector investor, the new scheme will increase Scottish television producers’ ability to secure UK network commissions that can then be sold in international and secondary markets.
This direct support to independent production companies in Scotland will give producers access to finance to make high-quality, high-value programmes with national and international appeal, enabling producers to more effectively exploit their intellectual assets in different territories.
Fiona Hyslop, Cabinet Secretary for Culture and External Affairs, said: "This Television Production Scheme is a welcome boost for production companies located in Scotland. By providing access to finance, it will improve the scale and quality of Scottish productions, making them more attractive to broadcasters at home and abroad and helping to enhance our nation’s reputation for creative excellence.
"Television and digital media support 42,000 jobs and are an important part of our creative industries – a thriving sector of the Scottish economy with tremendous potential for growth. This Government is creating the right conditions for the creative industries sector to flourish and I am pleased to see Scottish Enterprise and Creative Scotland working closely with the television production industry to ensure appropriate support is in place."
Jane Muirhead, Chair of PACT in Scotland and Chair of the TV Working Group: “This important initiative has been designed by listening to the independent TV sector and responding to some of the challenges that currently face the industry. This scheme will serve as a lever to get content made, and to exploit and take that content global. It will support business and creativity and safeguard jobs, while building a strong skill base for the future.
“I’m really excited about this scheme and it’s a real achievement for everyone on the TV Working Group. A huge thank you to Creative Scotland and Scottish Enterprise for their collaborative approach and for providing a well-structured and meaningful initiative that is open to all independent producers in Scotland.”
Linda McPherson, director of Creative Industries at Scottish Enterprise, said: "We're keen to support the independent production sector in Scotland achieve significant growth in new markets and territories. Through our work with Scottish companies, we know there's a huge opportunity for them to tap into this growth, especially in overseas markets. This new fund will provide a way for businesses to fully exploit their intellectual property throughout the world and allow them to accelerate their growth."
"Our industry partner Pact recently announced 12 months of growth in international sales of TV and related content by UK independent production companies, with a 13% annual increase in revenue from £1.25 billion in 2009 to £1.41 billion. The US is still the largest export market for UK producers with sales growing by 13% to £526 million. The international market is ripe, and we want to support independent TV production companies in Scotland to access it".
Caroline Parkinson, Director of Creative Development, Creative Scotland welcomed the partnership with Scottish Enterprise and said: "This scheme will provide Scottish producers with key strategic investment into their television projects, which will allow them to leverage significant co-investment and will lead to an increase of quality programmes from Scotland that will reach a global audience."
Creative Scotland leads an industry group that sets priorities and ensures a clear and integrated approach to the development of the television sector from broadcasters, independent companies, trade associations, support agencies and government. The Television Production Scheme was a key recommendation of this group and it has been designed in consultation with them.
Creative Scotland will manage the scheme and full details are available on the website: http://www.creativescotland.com/investment/filmandbroadcasting/televisionproduction
Scottish Enterprise and Creative Scotland will be hosting a workshop to provide further details on the scheme on Tuesday 17th July, 09:30-11:30 at Creative Scotland’s Glasgow offices, 249 West George Street details on how to sign up for this workshop are available at: http://tvproductionworkshop.eventbrite.com
Creative Scotland is the national development agency for the arts, screen and creative industries. Our vision is that Scotland will be recognised as one of the world’s most creative nations – one that attracts, develops and retains talent, where the arts and the creative industries are supported and celebrated and their economic contribution fully captured; a nation where the arts and creativity play a central part in the lives, education and well-being of our population. www.creativescotland.com
is Scotland's main economic development agency and aims to deliver a significant, lasting effect on the Scottish economy. Our role is to help identify and exploit the best opportunities for economic growth. We support ambitious Scottish companies to compete within the global marketplace and help build Scotland’s globally competitive sectors. We also work with a range of partners in the public and private sectors to attract new investment to Scotland and to help create a world-class business environment.