There's a sense of everyone outside the BBC referencing Netflix in all discussions about the future of PSB funding. 17 mentions in the latest Ofcom Annual report on the BBC. A few are in the BBC's favour.
As of March 2020, there were approximately 373 hours of UK produced original content on Netflix and Amazon Prime, compared to 12,402 hours of PSB originations (excluding news) during 2019. This equated to around 5.6% of Netflix original hours and 5.7% of Amazon Prime original hours produced in the UK, as of March 2020.85
This year, use of the BBC iPlayer has increased from an average of 4.7 to 5.9 minutes per person per
day. Whereas BBC iPlayer comprises about a tenth of BBC TV viewing overall, this rises to about a
fifth for 16-34s. Netflix continues to lead the VoD market, with 44% of adults watching each week,
including 66% of 15-24 year-olds, while BBC iPlayer is the second most-used VoD platform, used by
31% of adults and 28% of 15-24 year-olds.
fifth for 16-34s. Netflix continues to lead the VoD market, with 44% of adults watching each week,
including 66% of 15-24 year-olds, while BBC iPlayer is the second most-used VoD platform, used by
31% of adults and 28% of 15-24 year-olds.
Today, dear old Netflix announce they intend to spend $1bn on UK productions over the next year. Averaging their UK subscriptions (13m +) at, say £90 a year, their UK income is £1.17bn. At current exchange rates, £1bn is £748m. Leaves a margin of £422m.
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