IN THIS SECTION


How the film and TV sector is boosting the British economy p7 | Five business leaders discuss climate change p8 Nine ways to spot new trends p11 | Jonathan Geldart, the IoD’s new DG: ‘Aspire to be bold in the face of change’ p15


THE STAR WARS ECONOMY


The UK’s third-quarter GDP figures exceeded expectations, with “TV and film production helping to boost the services sector”, according to the Office for National Statistics. The industry has grown by a quarter in this country over two years, thanks to box-office smashes such as The Last Jedi, which was filmed at Pinewood Studios. As the next episode of Star Wars, The Rise of Skywalker, hits the cinemas, here’s a look at the economic force of the franchise and the wider film and TV sector.


The biggest global box-office franchises


1 2 3 4


Marvel Cinematic Universe £17.8bn


Star Wars £7.4bn


Harry Potter £7.2bn


James Bond £5.6bn


£140m


Brought into the UK every year by ‘screen tourism’.


DID YOU KNOW? The budget of the first Star Wars film in 1977 was £6.4m. Elstree Studios quoted the makers £75,000 for their use.


£35m


Tourism income the Forest of Dean expected to make after scenes for Star Wars: The Force Awakens were shot there.


£1.6bn


Spent by foreign film companies shooting in the UK in 2018.


£7.7bn


Contribution of film and TV to UK GDP in 2017 – up 80% on 2012.


£800m 88,400


People employed by the film and TV sector in the UK in 2017.


Spent on making Star Wars films in the UK over the three years to 2018.


£86m


Revenue of Pinewood Studios in the year to 31 March 2019.


director.co.uk 7


ALAMY


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