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The production sector generated £3.6 billion in 2023, but this topline number hides deeper concerns. Content investment by PSBs—still the backbone of original UK programming—declined last year. While SVOD services like Netflix and Prime Video continue to invest in UK content, their focus is narrow: mostly high-end drama and some premium factual. In 2023, there were just 30 UK SVOD commissions compared to nearly 1,400 from PSBs.

DAEKYO Investment and SB Partners invest in the 5-year-old formats specialist, allowing for its next growth phase.

Shoppable CTV is gaining traction as 38% of US ad buyers increase investment in the format, while 45% of CPG marketers see it as retail media’s next frontier. Although 43% of consumers want to shop via TV, only 10% have done so, revealing a gap in adoption. With Amazon, Instacart, and Albertsons expanding shoppable CTV, the market is poised for growth.

The Canada Media Fund (CMF) is investing nearly $2.9 million in 38 production companies through its Slate Development Pilot Program while partnering with Film Fund Luxembourg to co-finance four projects with an additional $882,500.

All recipients of these funds receive strategic investment, mentors from the commissioning teams across TV and Radio, and a programme of introductions to wider BBC teams, to help them grow and develop their ideas.