(6 years, 10 months ago)
Lords ChamberMy Lords, I am very pleased to confirm to the noble Lord that we will treat this as a priority. Of course he is right that the broadcasting industries are one of the UK’s success stories. In fact, 55% of the TV channels based in the UK mainly targeted the European market in 2016, and 53% of the video-on-demand services primarily targeted the EU. It is definitely one of the top priorities of my department, and we communicate regularly with the Department for Exiting the European Union to ensure that it is one of its.
My Lords, given that the multichannel sector is worth £4.2 billion a year to the UK economy, can the Minister explain how the Government intend to guarantee access to EU markets, given that EU rules will require broadcasters to make editorial decisions and deploy their workforce within the EU post Brexit?
The noble Lord has put his finger on the fact that it will be a challenge but, luckily, it is one we are up to. The point to bear in mind is that a European country which receives, on average, 45% of its channels from abroad—for some smaller countries, it is 75%—wants a respected regulator which will make sure that the channels it receives are up to standard, and that is exactly what the UK provides.