Weighing up the impact of Brexit

The impact of Brexit on the British broadcasting industry was described by panellists speaking during an IBC breakfast session as “unpredictable” and “damaging” to the UK creative industries and economy as a whole.

The imminent loss of creative talent, and the rising cost of manufacturing, exporting and licensing regulations were top of the agenda.

Commercial Broadcasters Association (COBA) Executive Director Adam Minns said: “Day one impact will vary from company to company. The UK broadcasting creative industries will still remain a huge broadcasting sector but the international side will be damaged.”

“Policy makers are trying to fragment [the creative industries] and the industry needs to be global and to build scale, in order to compete.”

Minns noted the UK will continue to remain a major hub for…