The Visibility of Profitability in TV & Film Production is Paramount
The UK market for domestically commissioned TV programmes by independent production companies is worth around £1.1bn a year, and is growing annually by around 5%. This growth rate is likely to accelerate due to the vast potential of digital TV. Historically, the main terrestrial channels (BBC, ITV, Channel 4 and Five) and Sky have dominated the broadcasting market as they’ve controlled over-the-air distribution. But with the advent of digital and internet TV and the rise of competitors such as Santanta and BT Vision, the balance of power is shifting towards the independents, as broadcasters scramble to generate and buy top-quality content. There are also opportunities for independents to sell their programmes to the highest bidder anywhere in the world and gain from the expansion of sponsored in-programme advertising.
Companies, who need to be taken seriously in this market, need to have not only the skills and experience that are required, but also need the underpinning business structure to cope with the demands of this fast moving market. Production profitability is paramount. Most TV production companies that we meet with have disparate systems internally and are multi-processing the same information. They report with varying figures from various sources, never quite sure of the validity of the data, or the subsequent reports that are used to make crucial business decisions.
Just-PRODUCE allows the production manager to operate a single view of the production/job and associated tasks and costs from everything from the purchase orders & sub contracts to full web timesheets and expenses.
It is a truly integrated business system with all the accounts and production information seamlessly utilised to give real time production profitability. Customers choosing to implement Just Produce are looking to reduce costs, get greater accuracy and improve business performance.
The UK market for domestically commissioned TV programmes by independent production companies is worth around £1.1bn a year, and is growing annually by around 5%. This growth rate is likely to accelerate due to the vast potential of digital TV. Historically, the main terrestrial channels (BBC, ITV, Channel 4 and Five) and Sky have dominated the broadcasting market as they’ve controlled over-the-air distribution. But with the advent of digital and internet TV and the rise of competitors such as Santanta and BT Vision, the balance of power is shifting towards the independents, as broadcasters scramble to generate and buy top-quality content. There are also opportunities for independents to sell their programmes to the highest bidder anywhere in the world and gain from the expansion of sponsored in-programme advertising.
Companies, who need to be taken seriously in this market, need to have not only the skills and experience that are required, but also need the underpinning business structure to cope with the demands of this fast moving market. Production profitability is paramount. Most TV production companies that we meet with have disparate systems internally and are multi-processing the same information. They report with varying figures from various sources, never quite sure of the validity of the data, or the subsequent reports that are used to make crucial business decisions.
Just-PRODUCE allows the production manager to operate a single view of the production/job and associated tasks and costs from everything from the purchase orders & sub contracts to full web timesheets and expenses.
It is a truly integrated business system with all the accounts and production information seamlessly utilised to give real time production profitability. Customers choosing to implement Just Produce are looking to reduce costs, get greater accuracy and improve business performance.
