More than two thirds of UK indies will be at risk of closure within 12 months if the current commissioning slowdown persists and no support is forthcoming, according to the findings from a new survey of more than 65 production companies.
The Indie Voice survey, from UK growth organisation Indielab, delved into the commercial health and trajectory of independent production in the UK, with 72% of the 67 participating indies reporting that they would be at risk of closure by May 2025 if conditions do no improve.
Almost a quarter of respondents (24%) felt that public service broadcaster (PSB) remits and responsibilities needed to be addressed, while licence fee uncertainty was also cited as causing greater market instability.
