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Brexit risks for the creative industries - Venture Insights

Report Overview

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Brexit risks for the creative industries

PublisherEnders Analysis.
Publish Date April 21, 2016
Sector Media, Non-UK Media, Public Policy, TV, UK.
Company Discovery, NBC, Sony, Universal.

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A post-Brexit recession will cause a hyper-cyclical decline in the advertising revenues of broadcasters and publishers.

The Vote Leave idea of the UK joining a free trade area for goods with the EU would sever UK access to the Single Market for services, damaging the export-reliant audiovisual group, among many other sectors of strength.

Made-in-the-UK IT, software and computer consultancy services will lose eligibility for government procurement tenders once the UK is an outsider to the EU.