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Netflix reveals £5bn UK content spend as it unveils new titles

bankofdave

Netflix says it has invested £4.8bn in the UK film and television economy since 2020.

The streaming company made the announcement as it revealed some of its new commissions, including a sequel to Bank of Dave.

It stated that it has increased its UK spend by nearly 50% every year between 2020 and 2023, averaging almost £1.2bn per annum.

“It’s no secret that the UK produces some of the world’s most iconic entertainment. This is true for Netflix, too – from Top Boy to The Crown, Heartstopper to The Tinder Swindler – our productions are some of the buzziest, most watched and zeitgeist-defining in the world,” stated Anne Mensah, Netflix UK’s Vice President of Content.

“We are deeply committed to the UK, and I’m incredibly proud to announce today that between 2020 and 2023 we will in fact have invested almost $6bn creating Netflix series and films here, an increase of nearly 50% on what we originally anticipated.”

In the new commissions, Rory Kinnear will reprise his role of Dave Fishwick, the Burnley banker in the sequel to Bank of Dave. This is produced by Tempo Productions and Future Artists, with Chris Foggin returning to direct.

Left Bank Pictures is making Department Q, an 8-part adaptation of the Danish novels of the same now. Black Mirror is set to return and finally Keira Knightly will star in a series called Black Doves, a women who embarks on a affair that endangers her secret identity. This is being made by Sister.

“This is a real sign of confidence in the UK’s screen industries, reflecting our tradition of creative excellence, highly skilled crews and state of the art facilities,” added John McVay, CEO of Pact.

“All of these things come together to make this country one of the best places in the world for production.”

Meanwhile, Prime Minister, Rishi Sunak stated:

“Our world-renowned British creative industries employ over two million people and are growing at twice the rate of the economy – and Netflix has been a key part of this success.

“Our creative talent is among the world’s best, producing entertainment that is watched across the globe and creating new jobs and opportunities here at home.”

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