Brexit: If not for trade benefits stay for GoT
Political debate over Britain’s exit from EU may have far reaching effects, but none were thought of as threatening the existence of popular TV show, Game of Thrones.
A report by Independent stated that if UK votes to leave the EU on Thursday it will take Northern Ireland with it - the main production base for HBO’s Game of Thrones.
Game of Thrones with all its elaborate productions is incredibly costly to produce.
It is also funded by the EU’s European Regional Development Fund, which is designed to stimulate economic growth across the EU, the report added.
Along with being thoroughly gripping and entertaining, the series creates thousands of jobs in Northern Ireland and Spain.
Continuity issues due to Brexit may arise for the series, as many of the ‘Westeros’ scenes are shot in another country, the report said.
Further the report highlighted that the British exit from the 28 member state would affect the financing for other popular TV shows.
In an interview with a senior official at the German Marshall Fund of the United States’ Brussels office, Peter Chase was asked by Independent if Brexit would put financing for shows like Game of Thrones at risk.
To which his answer was yes.
The decision may be up to the US studious who want to film in the U.K.
EU programs are available to help fund these series but if the U.K. is no longer part of the EU, then those shows may also go away, Peter Chase stated.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
11:10 AM IST