Sohonet’s Smart Tracker shows a significant and sustained uplift for HETV and film from this month across the UK, Canada and the USA with studio planning and set building now being realised as principal photography.
Sohonet’s Smart Production Tracker shows the level of activity in the production market across HETV and film as Sohonet manages the campus networks at a significant number of production studios around the world and is currently tracking large amounts of production activity across UK studios.
The Smart Production Tracker data shows that while this year started out slowly for HETV and film production, data for Q3 demonstrates a huge uplift
The data shows expectations for Q2 2025 production starts remain where they were last month: 30% down on Q2 2022; Level with Q2 2023; 10% down on Q2 2024.
May 2025 was comparable to May 2024 & 2023 in terms of new production count, but aggregate budget was down by two thirds, the lowest monthly value since Nov/Dec 2024.
Chuck Parker, Sohonet CEO, says that last month the tracker’s leading indicators for July showed significant volume far more than recent months. “These indicators have remained consistent this month. Although it is highly probable that this activity will be spread across August and September, this would still represent a marked increase on recent anaemic production volumes.”
Sohonet’s projections for Q3 2025 place production 50% up on Q2 2025; 20% up on Q3 2024 and 15% down on the ‘peak’ in Q3 2022.
The UK Perspective
Damien Carroll, Sohonet COO, said, “We’ve all tried to predict the bounce back over the last 18 months and it’s generally being hopeful stabs in the dark. What we see now is real data. The Sohonet Production Tracker is showing a significant uptick in budget spend being greenlit and entering the top of the funnel. While our data cannot predict exactly what market the spend will land in (for example, NYC, Georgia, UK…), we can marry that with what we are seeing in real time on the ground. Sohonet manages the campus networks at a significant number of production studios around the world. In the UK in particular we can see that the major studios are busier than they have ever been before. Many are full of productions that have already started principal photography. That is good news for the UK post production market.”
Better still Televisual understands that much of the production work is budget-rich and VFX-heavy which – with the new tax credit – should filter through to UK VFX vendors.
You can find Chuck parker’s blog here
Staff Reporter
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