Report: Money Matters: Examining the Financial Circumstances of the Film, TV, and Cinema Industry Workforce

In the late autumn of 2023 The Film and TV Charity conducted a survey of more than 2,000 industry workers to examine their financial circumstances and underpinning elements of financial resilience. Key findings included:

• 45% were finding it difficult to manage financially. This was particularly high among certain groups, including: freelancers, those with a disability or long-term health condition, and carers with adult dependents.
• 42% had less than £1,000 in cash savings, including 27% who had no cash savings whatsoever.
• 40% felt they would be able to make ends meet for no more than one month if they lost their income.
• Over a quarter (27%) have had work cancelled due to the US writers’ and actors’ strikes.
• 71% expect to not have enough work over the next 6 months.

The Money Matters report acts as an important benchmark, providing robust evidence which highlights that many in the industry have found it difficult to support themselves financially. Throughout 2023, the Charity has necessarily responded to the acute needs of film, TV and cinema workers falling into financial difficulty. However, they recognise the need to support the longer-term financial resilience of those working behind the scenes in the industry. Our research has allowed us to engage in evidence-backed discussions with industry partners and others to try and identify support and solutions which help to alleviate some of these issues at source, rather than just dealing with the symptoms.

Download the full report clicking on “See more”.