TIGA, the network for videogame developers and digital publishers has responded to new figures published by the Department for Culture, Media and Sport (DCMS) on the success of the UK’s creative industries, including videogames, saying they are a cause for celebration and evidence that on-going Government support will pay off.
The DCMS’ figures show that the UK’s Creative Industries are now worth £76.9 billion per year to the UK economy, and the Gross Value Added (GVA) for 2012-13 increased by 9.9 per cent – more than three times that of the UK economy as a whole, and higher than any other industry.
With videogames now recognised as one of our most valuable creative industries, as reflected by the DCMS’ reporting of the findings, and the green light given for Games Tax Relief last year, 2015 has the potential to be another landmark year for UK videogame businesses.
Other key statistics released by DCMS include:
• Gross Value Added (GVA) of the Creative Industries was £76.9bn in 2013 and accounted for 5.0 per cent of the UK Economy. For the fourth year running, the Creative Industries proportion of total UK GVA was higher than the year before, and is now at a record high.
• The Creative Industries accounted for 1.71m jobs in 2013, 5.6 per cent of total UK jobs; and a 1.4 per cent increase on 2012.
• The value of services exported by the Creative Industries was £17.3bn in 2012, 8.8 per cent of total UK service exports.
• Between 2011 and 2012 the value of service exports from the Creative Industries increased by 11.3 per cent. This compares with an increase of 2.8 per cent for total UK service exports.
Dr Richard Wilson, CEO, TIGA, comments:
“It is excellent to see the UK’s creative industries go from strength to strength.
“Games Tax Relief will also prove to be a significant boost to UK videogame businesses and the wider economy. However, we must not become complacent or think the mission is complete.
“If we reinforce this success and consider new and innovative measures to encourage growth, such as TIGA’s proposed Creative Content Fund and a Prototype Fund the UK videogame industry can continue to make an important contribution to the wider creative industries and economy.”
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Notes to Editors
About TIGA
TIGA is network for games developers and digital publishers. We are the trade association representing the UK video game industry. We help developers and digital publishers build successful studios, network with the right people, save money and access professional business advice. We also have traditional publishers, outsourcing companies, technology businesses and universities amongst our membership.
TIGA is 90% funded by independent UK businesses. 80% of our board members are developers and/or from UK owned businesses, and 50% of our board are UK business owners themselves. Since 2010, TIGA has won 17 business awards.
TIGA focuses on three sets of activities:
• Political representation
• Media representation
• Business services
This enhances the competitiveness of our members by providing benefits that make a material difference to their businesses, including a reduction in costs and improved commercial opportunities. It also means our members’ voices are heard in the corridors of power and positively represented in national, broadcast and UK video game trade media.
Get in touch:
• Tel: 0845 468 2330
• Email: info@tiga.org
• Web: www.tiga.org
• Twitter: www.twitter.com/tigamovement
• Facebook: www.facebook.com/TIGAMovement
• LinkedIn: http://www.linkedin.com/company/tiga
For further information, you can also contact:
• Dr Richard Wilson, TIGA CEO on: 07875 939 643, or email: richard.wilson@tiga.org
• Drew Field, TIGA Communications Director on: 07720 643 344, or email drew.field@tiga.org