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Netflix doubles UK investment

November 26, 2020 12.40 Europe/London By Julian Clover

Netflix is to increase the amount of money it spends on UK production to £750 million.

The streamer, which makes shows such as The Crown and Sex Education in the UK, has increased its budget on films and series made in the UK by 50%. Last year, it added £100 million to the £400 million it originally had earmarked for UK production.

The Guardian reported Wednesday that Netflix has made more than 50 TV shows and films in the UK during 2020, against the backdrop of a UK-wide production shutdown at the height of the coronavirus crisis.

The UK holds the second largest budget after its home market of the United States.

Last October, Netflix agreed to take on all of Shepperton Studios in a 10-year deal.

The first Netflix original production to film at Shepperton is action-drama The Old Guard, starring Charlize Theron and Kiki Layne, and directed by Gina Prince-Bythewood.

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Filed Under: Newsline, TV Edited: 26 November 2020 12:40

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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