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The proposed reform strays from the founding spirit of the Creative Europe MEDIA programme, which now appears downgraded into a much larger programme that threatens its clarity and effectiveness.

The move brings together Envy, Capture, Absolute, and Blind Pig with Halo, Evolutions, and Relay to form the UK’s largest privately owned post-production group.

Five independent companies across the UK will each receive £5,000 in development funding as part of ITV’s initiative to accelerate commissioner-producer collaborations and strengthen regional storytelling.

Led by co-founders David Fortier and Ivan Schneeberg alongside longtime partner John Young, Boat Rocker Studios will continue to operate under its existing leadership team and brand.

New BBC Commissioning Report shows 81% of content produced in the UK with 61% regional spend, even as commissions from qualifying independent producers decline to 69% of original hours.