British Kids TV Business Handed $80M Boost To Fund The Next ‘Peppa Pig’

The British kids TV industry has been handed an $81M boost to fund the next Peppa Pig and Teletubbies – money that will be available for SVOD services including Netflix and Amazon, commercial broadcasters such as ITV and Channel 4, as well as the BBC. The government will fund up to 50% of the production and distribution of new kids shows as part of the deal, which will help stem the declining business, which has seen spending fall by $74M over the last ten years. Spending…

from Deadline http://ift.tt/2CrB0e3