It is a known fact that the entertainment industry provides a great impact on the economy of the United Kingdom. Along with the additional cultural values, this particular art and creative sector is also boosting the economy of the United Kingdom. Through the financial data, it can be said that, this particular sector adds about billions of pounds to the GDP of the United Kingdom. From the data provided by the BFI, it is known that the independent British films capture almost about 16% share of the entire United Kingdom box office. There some high revenue yielding films like Gravity, Theory of Everything, Mr. Turner, and The Imitation Game, etc along with television industry which includes Game of Thrones, Sherlock and downtown Abbey (Evans 2015).
Figure: Jobs and Revenue collection from the entertainment sector of the United Kingdom
In terms of the entertainment and venue industry, there are several agencies and councils present in the United Kingdom region who work for the betterment of the industry. Some of these organizations are based locally, some are regionally and some of them are globally operating. Some of the important organizations are, The Audience Agency, artists Information Company, Live Art development agency, Arts and Business, Arts and Kids, Arts consultants.org.uk, ArtsMatrix, Artsadmin, Artswork, Asian Arts Agency, British Arts Festival Association, Circus Arts Forum, Creative & Cultural Skills, Creative People, Department of Culture, Media and Sport, National Drama, National Council for Drama Training, OffWestEnd.com, Scenography, Total Theatre Network, and most importantly the FTE (Miller, Skudiene and Reardon 2013).
Evans, R.M., 2015. INDUSTRY FINANCES. Encyclopedia of World Trade: From Ancient Times to the Present, p.469.
Miller, C.E., SkudienÄ—, V. and Reardon, J., 2013. MANAGING CUSTOMER LOYALTY IN THE ENTERTAINMENT INDUSTRY IN A TRANSITIONAL ECONOMY. Review of Management Innovation & Creativity, 6(18).
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