Production
As of 2002, 27,000 hours of original programming are produced year in the UK television industry, excluding news, at a cost of £2.6bn. Ofcom has determined that 56% (£1.5bn) of production is in-house by the channel owners, and the remainder by independent production companies. Ofcom is enforcing a 25% independent production quota for the channel operators, as stipulated in the Broadcasting Act 1990.
Read more about this topic: Television In The United Kingdom
Famous quotes containing the word production:
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)
“Just as modern mass production requires the standardization of commodities, so the social process requires standardization of man, and this standardization is called equality.”
—Erich Fromm (1900–1980)
“From the war of nature, from famine and death, the most exalted object which we are capable of conceiving, namely, the production of the higher animals, directly follows. There is grandeur in this view of life, with its several powers, having been breathed into a few forms or into one; and that, whilst this planet has gone cycling on according to the fixed law of gravity, from so simple a beginning endless forms most beautiful and most wonderful have been, and are being, evolved.”
—Charles Darwin (1809–1882)