December 17, 2017

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Britain’s Gaming Industry Suffers Due to Brexit

Britain’s gaming industry is suffering from instability caused by its brakes, the UK’s withdrawal from the European Union.

According to the State of Play, a report released by the UK Entertainment Industry Alliance (UKIE) on March 30, four out of ten UK game companies will be able to sell some or all of their business to other countries I am worried about whether or not to relocate.

The report said that UKIE, a trade organization that supports the UK’s gaming industry, has worked with 76 UK game companies, 11 major game-related institutions, 70 companies This is the result of questioning the experts. Around 38% of UK game companies said yes when asked if they had an impact on employee recruitment.

60% of large companies with more than 50 employees answered yes. This seems to be due to the fact that UK companies are highly dependent on foreign workers. Sixty-one percent of businesses surveyed said they hired overseas talent.

In addition, most of the respondents said EU-based workers should continue to work in the UK in the future. But the British government has not disclosed any plans for EU workers in their countries since the BRECS decision.

37% of UK game industry respondents said that Bretsch had a negative impact on attracting foreign investment. In particular, small businesses with fewer than 50 employees had a response rate of 48%.

According to the UKIE, the UK gaming industry is the sixth largest market in the world with an annual turnover of £ 4.2 billion (approximately 5.87 trillion won) annually. More than 2,000 game companies operate and more than 12,000 employees work.

For more information, please refer to the Global Game Industry Trend Report by Korea Creative Content Agency.

British Prime Minister Teresa Mai sent a letter of withdrawal to the EU on February 29 and formally proposed the withdrawal process for the next two years.