CEO of leading production company says unless pay or exposure are high, creators are ‘not that interested’ in TV

Broadcasters need content creators more than creators need them due to the shift in how the public consumes media, according to a leading production company backed by Elisabeth Murdoch.

Founded 10 years ago, the trajectory of creator-led After Party Studios (APS) reflects the disruption of the old TV broadcasting model by content creators, as it makes what it calls “culturally relevant” shows with stars such as the YouTuber KSI and F1 driver Max Verstappen that pull in millions of views.

Tech company received infrastructure relief as its five biggest UK divisions generate £32bn in revenues

Amazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company surging by more than a quarter to £355m.

Amazon UK Services – which employs 66,000 staff, the vast majority of the company’s 75,000 employees in Britain – said it owed £9.1m in “current tax” last year.