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China spent $10.9 billion producing TV shows, while the U.K. spent $10 billion. The U.S., however, spent $58.3 billion.

China is now the second biggest spender on TV shows

[Photo: Pexels/Pixabay]

BY Michael Grothaus

The country leaped past the U.K., making it second to only the U.S. on the amount of money it spends producing television shows, reports CNBC. In 2017, China spent $10.9 billion producing TV shows, while the U.K. spent $10 billion. Those numbers include money spent on television shows across all platforms: terrestrial, cable, and streaming-service original content. While $10.9 billion seems like a lot, that’s still dwarfed by what the U.S. spends. In 2017, American companies spent a whopping $58.3 billion on producing television shows.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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