The UK video games sector is a world-class creative industry under increasing pressure. This report looks at the potential impact of a tax credit for the British games industry.
Most external finance sources surveyed consider the UK video games sector to be an unattractive prospect for investment at the moment. The reasons for this are lack of scale, and an excessive emphasis on traditional, high-risk retail business models instead of network gaming and direct-to-consumer propositions.
Respondents in this category are unanimously positive about the impact of a tax credit on the scale and/or number of investments in UK video games projects.
Half of them would change their attitude towards investing in UK video games companies if the tax credit for cultural games was introduced.
Published
26 August 2009
Author
Prepared for NESTA by Games Investor Consulting Limited
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