For 18 months, the U.K. entertainment industry — along with everyone else in the country — has anxiously awaited the outcome of the British government’s divorce negotiations with the European Union. The matter comes to a head Jan. 15, when Prime Minister Theresa May takes the withdrawal deal hammered out with the EU to the British Parliament for a key vote.
It’s a vote she’s looking increasingly likely to lose. That could send Britain crashing out of the EU on March 29 with no deal in place, which would have far-reaching consequences. Big international film and TV players have already begun hedging their bets or looking beyond the U.K.
Several TV companies are handing in their U.K. channel licenses. The major international channel operators use licenses from British regulator Ofcom to run their services on the Continent, but whether these will continue to be recognized by EU countries post-Brexit remains unclear.
It’s a vote she’s looking increasingly likely to lose. That could send Britain crashing out of the EU on March 29 with no deal in place, which would have far-reaching consequences. Big international film and TV players have already begun hedging their bets or looking beyond the U.K.
Several TV companies are handing in their U.K. channel licenses. The major international channel operators use licenses from British regulator Ofcom to run their services on the Continent, but whether these will continue to be recognized by EU countries post-Brexit remains unclear.
- 1/15/2019
- by Stewart Clarke
- Variety Film + TV
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