The current situation in the UK regarding BREXIT
means that in the future, restrictions on UK film policy tax will be removed,
increasing flexibility within the industry (Stephen Follows, 2017).
to the BREXIT, UK inflation has risen to 3.1% prices have risen thus,
consumers are spending less on ‘luxury’ goods and services such as a leisure
trip to the cinema and saving it for more necessity goods (BBC News, 2017).
recent devaluing of the pound means that it is more expensive for cinema
distributors to buy new content for their cinemas (Stephen Follows, 2017).
will lead to no financial funding from the EU’S main funding federation for
the film industry. This lack of funding will impact the production of films,
and therefore distribution of films, seriously impacting cinemas in the UK
(Barraclough and Barraclough, 2016).
decline in the value of the pound means that cinema distributors will have to
pay more for the acquisition of foreign films (Barraclough and Barraclough,
have proposed an agreed acquisition of an America film operator; Regal
Entertainment Group for an estimated $3.6 billion in order to continue
expanding their company. Cineworld made took this takeover as an opportunity
to grow their company outside of the UK with recent declines in consumer
spending as a result of the UK leaving the EU (The Economic Times, 2017).
Shift’ – the cinema industry is becoming less popular amongst the younger
generation due to the fact that it is more of an inconvenience. However,
despite the loss of youths visiting the cinema, cinemas have seen a surge in
the amount of 55+ going to watch the latest films at their nearest cinema.
(BBC News, 2017).
UK cinema audience fell by 16% in August 2017 (BBC News, 2017).
to the summer 2017 decline in cinema admissions, film distributors in the UK
are considering to extend the screening time of newly released films, which
currently stands at 12 weeks.
are also taking place with regards to being able to make these new film
releases available to customers as a ‘home-viewing’ scheme which will incur
premium prices; enabling customer to watch the films on the same day that
they are released.
increasing amount of new technology such as higher frame rates (HFR), high
dynamic range (HDR) and 4K, UK cinemas are becoming more pressurised into
investing in these as well as educating themselves of how they operate.
However, once these have been implemented successfully, there will be a greater
choice for consumers (Screen, 2017).
increasing amounts of film theft, the UK Cinema Association has ensured that
the UK cinema industry is the most secured industry with a long line of
prosecutions now being placed under the Fraud Act 2006 (UK Cinema
of late 2016/early 2017, the UK’s Film Distributor’s Association (FDA)
commenced a new programme dealing with anti-piracy, called the ‘Film Content
Protection Agency’. This new unit concentrates on avoiding illegally obtaining
copies during screenings (Screen, 2017).
has a developed a new scheme where customers can purchase ‘e-tickets’ via
their website in order to reduce the amount of printing, this reducing the
company’s carbon footprint (Cineworldplc, 2017).