Wednesday 16 August 2017

GLOBAL BROADCASTERS MOVE TO THE EU

A few days ago James Chapman (HERE) asked Karen Bradley the Culture Secretary whether she could “confirm all US broadcasters are moving out of London because of the PM’s deranged hard Brexit”. Newspapers have obviously picked this up. The Independent (HERE) are claiming that not only US broadcasters but global ones headquartered in the UK at present, are looking to move into mainland Europe with Amsterdam or Dublin being the likely beneficiaries.

Broadcasters will have to decide on relocation by as early as next spring, says Adam Minns, executive director of the Commercial Broadcasters Association, which represents international media networks in the UK.

“No one running a business of any scale can wait to the end of negotiations before deciding what to do,” Minns says. The process of acquiring office space, moving staff and shifting technical support could all take up to a year, he says. Each of the media companies referred requests for comment to Minns.

Another casualty of Brexit?