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The Guardian - UK
The Guardian - UK
Entertainment
Mark Sweney

Hollywood money fuelled record £2.8bn spend on UK film production last year

Robert Downey Jr wears a dark suit as he turns towards the camera from a directors chair in a teaser trailer for Avengers: Doomsday
Robert Downey Jr in a teaser trailer for Avengers: Doomsday, one of the Hollywood blockbusters being produced in the UK. Photograph: Youtube

A spending spree by Hollywood studios and streamers pushed investment in film production in the UK to a record £2.8bn last year, but growth is expected to slow this year as Netflix switches investment to the US to secure an $80bn (£59bn) takeover.

The British Film Institute, which has been publishing annual data on spend on the production of films since 2002, said 91% of the record film spend was down to “inward investment” from studios and companies based outside the UK.

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