Singapore markets closed
  • Straits Times Index

    -30.37 (-0.88%)
  • S&P 500

    -128.61 (-2.31%)
  • Dow

    -504.23 (-1.25%)
  • Nasdaq

    -654.99 (-3.64%)
  • Bitcoin USD

    -2,203.34 (-3.32%)
  • CMC Crypto 200

    -31.83 (-2.38%)
  • FTSE 100

    -58.49 (-0.72%)
  • Gold

    -35.10 (-1.45%)
  • Crude Oil

    -0.92 (-1.19%)
  • 10-Yr Bond

    +0.0470 (+1.11%)
  • Nikkei

    -1,285.34 (-3.28%)
  • Hang Seng

    -306.08 (-1.77%)
  • FTSE Bursa Malaysia

    -5.96 (-0.37%)
  • Jakarta Composite Index

    -22.48 (-0.31%)
  • PSE Index

    -82.85 (-1.23%)

Bridgerton boosts UK economy by £275 million, Netflix says

Bridgerton boosts UK economy by £275 million, Netflix says

Hit TV romance series Bridgerton has boosted the UK economy by £275 million over the course of five years, Netflix has claimed.

The streaming website says the Regency-style drama, which premiered the final half of its third series on Thursday and was produced by the company Shondaland, has supported almost 5,000 local businesses over the past five years.

Shondaland chief executive Shonda Rhimes will open trading at London Stock Exchange on Friday to celebrate the figures.

The 54-year-old said: “The Bridgerton universe occupies a special space in culture, resonating with young and old alike, creating conversation, starting trends and influencing everything from baby names to weddings.

“The shows have also had a seismic impact on the UK economy, boosting it by a quarter of a billion pounds over the last five years and supporting thousands of jobs and businesses.

“It is clear that the business of art and culture can make a huge economic contribution to local communities. I could not be prouder.”

Shonda Rhimes and LSEG CEO Julia Hoggett open the London Stock Exchange, after announcing that the Bridgerton universe has boosted the UK economy by more than a quarter of a billion pounds
Shondaland chief executive Shonda Rhimes and LSEG CEO Julia Hoggett open the London Stock Exchange (James Manning/PA)

The figure was calculated in-house by Netflix and includes direct and indirect spending, the PA news agency understands, through money spent with other companies and them buying things to make for the production.

The figure does not include other benefits from Bridgerton such as increased employee earnings or themed-events and activities around the TV show such as a high tea experience, themed tours and tourism or any shop selling merchandise.

Anna Mallett, vice president of EMEA (Europe, the Middle East and Africa) production at Netflix, said: “The Bridgerton universe is another example of Shonda Rhimes’ genius as a storyteller and her global influence.

Shonda Rhimes opens the London Stock Exchange
Shonda Rhimes in front of St Paul’s Cathedral (James Manning/PA)

“We’re so excited about the part we’ve played in bringing these stories to the world.

“As well as an economic boost, the shows have had a huge cultural impact.

“The UK is our home and this is one part of our huge investment in creating stories our members will love.”

Julia Hoggett, chief executive, London Stock Exchange plc, said she was “thrilled to celebrate the significant economic and cultural impact” of the film and creative industries in the UK.

Part two of Bridgerton season three is available to stream on Netflix.