David Abraham Speech MacTaggart Lecture (Part 5)

The transcript discusses the growth of the UK's creative industry, highlighting the role of public support, the PSP system, and the BBC. It addresses challenges such as cost-cutting and risk aversion in UK production, emphasizing the importance of creative freedom and competition. The text also compares investment trends in UK content, noting the significant contributions of PSPs compared to Pay TV revenues.

What has been a key factor in the success of UK companies in pushing creative boundaries?

• Public support and a unique PSP system

• Private investments

• International collaborations

• Government regulations

What is a potential risk mentioned regarding the current success of the UK production system?

• Cost-cutting and risk aversion

• Increased focus on innovation

• Lack of public interest

• Over-reliance on international markets

What concern is raised about the future opportunities for TV executives?

• They will have to work internationally

• They will have more opportunities than before

• They might face limited opportunities due to financial constraints

• They will focus more on digital content

What has driven innovation in the UK creative industry according to the transcript?

• Government subsidies

• Creative freedom and competition

• International partnerships

• Technological advancements

What percentage of the 1.7 billion spent on original commissions in 2013 came from PSPs?

• 90%

• 60%

• 50%

• 80%