The UK TV industry is gearing up for one of the most highly anticipated RTS conventions in recent years, with big names like David Beckham, Ted Sarandos, and Steven Knight set to take the stage in London. With Netflix as the principal sponsor of the event, industry insiders are hopeful that this could signal a shift towards a “new normal” following years of volatility. According to RTS CEO Theresa Wise, the industry has been hit hard by a series of global shocks since 2020, including the Covid-19 pandemic, the Ukraine War, Hollywood strikes, and recession. This has led to a period of boom and bust that has left the sector reeling.
Wise believes that there may finally be a glimmer of predictability on the horizon, which could be a major focus at the upcoming RTS London convention. She emphasizes the importance of understanding the changing demand in the industry, which will allow the supply side to adjust more effectively. Despite the challenges faced by broadcasters and streamers in recent years, Wise maintains that much of the volatility has been beyond the industry’s control. The hope is that RTS London will address these pressing issues head on while also highlighting the positive aspects of the industry.
The theme for this year’s convention is ‘Keeping our creative edge’, a nod to the industry’s reputation for great storytelling and powerful creative individuals. Wise acknowledges the tumultuous time the industry has gone through but remains optimistic about the future. With a lineup of speakers that includes heads of major broadcasters and Culture Secretary Lisa Nandy, the convention aims to strike a balance between acknowledging the challenges faced by the industry and looking towards the future with positivity.
One of the highlights of the convention will be Netflix boss Ted Sarandos, who will be speaking for the first time since 2016. Coming off the heels of the Emmys, Sarandos is expected to reflect on Netflix’s journey and the keys to the company’s success. Additionally, soccer icon David Beckham will share insights on creating a brand post-sports career, offering a unique perspective on navigating the entertainment industry. The diverse lineup of speakers reflects the evolving nature of the TV industry and the need for adaptability.
Commitment to Public Service Broadcasting
While Netflix is the principal sponsor of this year’s event, Wise commends the streaming giant for its commitment to celebrating public service broadcasting. With a team that includes industry veterans with decades of experience in PSB, Netflix is making an effort to show its understanding of the collaborative nature of the industry. This recognition of the importance of public service broadcasting sets a positive tone for the convention and highlights the need for all players in the industry to work together.
As the industry continues to navigate uncertainty and change, events like RTS London provide a platform for discussion and collaboration. The convention serves as an opportunity to reflect on the challenges faced by the UK TV industry while also looking towards a future filled with creativity and innovation. With a lineup of influential speakers and a theme focused on keeping the creative edge, RTS London is poised to set the tone for the industry moving forward.