Inside the Factory's Creator Garners Millions from BBC's Production
In a positive development for the BBC's commercial subsidiary, Voltage TV has reported a significant increase in revenue and profitability for the 12 months ending March 2025. According to the latest financial reports filed with Companies House, Voltage TV's turnover rose to £14.2 million, a substantial jump from the £8.9 million achieved in the previous financial year. Moreover, the company's pre-tax profit saw a remarkable increase, climbing from £905,415 to £2.5 million over the same period.
Voltage TV, founded in 2013, is renowned for its production of several popular television shows, including Inside the Factory, Tempting Fortune, Amanda and Alan's Spanish Job, and DNA Journey. The company's growth is particularly noteworthy given that it is behind Amazon's UK Premier League coverage and Question Time for the BBC.
The financial success of Voltage TV comes after BBC Studios, the wider national broadcaster's commercial arm, fully owned the production company in November 2022. BBC Studios had previously held a minority stake, with the C4 Growth Fund owning the remaining shares since 2015.
The financial results of BBC Studios are expected to be published in the coming weeks, but it is anticipated that the organisation's profits for the 2023/24 financial year will exceed £200 million. BBC Studios' portfolio includes several other production companies such as Baby Cow, Boffola Pictures, Clerkenwell Films, Expectation Entertainment, Firebird Pictures, House Productions, Lookout Point, Moonage Pictures, Sid Gentle Films Ltd, and Various Artists Limited.
The latest acquisition, Inside the Factory, further bolsters BBC Studios' diverse and expansive production portfolio. Tinopolis Group, a separate production company, however, has reported a pre-tax loss of £21.1 million for the 12 months ending September 2024, following a decline in turnover from £219.5 million to £167.3 million. The last time Tinopolis Group made a pre-tax profit was in the year ending September 2022, with a profit of £2.8 million. The company posted a loss of £29.9 million in the prior year.
As the media landscape continues to evolve, the growth of Voltage TV underscores the BBC's commitment to investing in high-quality, audience-engaging content. The organisation's strategic acquisitions and the subsequent financial success of its production companies are indicative of a robust and forward-thinking approach to the ever-changing world of television production.
- The financial success of Voltage TV, a BBC's commercial subsidiary known for its production of popular television shows, is a testament to the organization's investment in high-quality business content and its strategic approach to the evolving technology of television production.
- Amidst the competitive landscape of the media industry, the significant increase in revenue and profitability of Voltage TV, behind Amazon's UK Premier League coverage and Question Time for the BBC, underscores BBC Studios' commitment to achieving financial growth through technology and innovative business practices.
