Britain’s creative industries are worth £92bn, employ 2 million people and are growing twice as fast as the rest of the economy. The sector includes music, fashion, design, arts, architecture, publishing, advertising, video games and crafts.
Government and the Creative Industries Council have agreed a £150m Creative Industries Sector Deal which aims to leverage the UK’s strength as a creative nation by investing in skills, increasing jobs and opportunities, improving productivity and significantly expanding overseas trade.
Investment in film in Hertfordshire
Hertfordshire has been a national centre for films and film-making for a century, hosting some of the biggest and best names in the industry, including Elstree Studios, Warner Bros. Studios Leavesden and the BBC. Over the last five years, inward investment in film has grown by 92% and in high-end TV by 162% and it is predicted that with the right conditions, revenue generated by the sector could double to approximately £4bn a year by 2025.
Nationwide, this has triggered significant commercial investment to increase production capacity. In Hertfordshire, this includes significant expansions planned for both Warner Bros. Studios Leavesden and Elstree Studios.
Elstree Studios, Borehamwood, Hertfordshire
Warner Bros. Studios Leavesden, Hertfordshire
At Warner Bros. Studios Leavesden, construction will start in summer 2018 on two new sound stages and supporting offices, as part of the studio’s long-term masterplan. This latest wave of investment in the state-of-the-art facility will take the total spend on the acquisition and redevelopment of the site to £240m. Construction is also underway for the expansion of the Warner Bros. Studio Tour London – The Making of Harry Potter, due to open in summer 2019.
Josh Berger, President and Managing Director, Warner Bros. UK and Chair of the British Film Institute said, "Incredible crews, fantastic facilities and the Government’s direct and continuing support for the creative industries - through organisations such as the BFI, and now the sector’s formal inclusion in the industrial strategy - are crucial to a thriving production industry in the UK. Warner Bros’ experience in the UK has been such a positive one, from developing state of the art facilities and helping train the next generation of creative talent, to the entire business of producing our films here. We have been investing in the UK for many years because for us this country is, alongside Hollywood, the best place in the world to make movies."
Find out more about Hertfordshire's creative industries.