If they are fined, the maximum punishment is a not insignificant 10% of global turnover.

The process is paralyzing.

No one in the wider industry suspected it was coming either.

Hartswood Films, which is being investigated by the CMA, produced ‘Dracula’ for the BBC and Netflix

‘Dracula’BBC

The CMA has the power to demand the likes of WhatsApps and emails.

We feel like the CMA has not issued guidance around this, said another producer source.

You have to ask why they would use the blunt instrument of an investigation without first understanding the industry.

Drama conference Seriencamp in Cologne, Germany

‘Chernobyl’ is produced bySister.HBO

Another source with knowledge of the investigation explained TVs informal structures.

Agents are always talking about rates [to rivals], he said.

Were not lawyers, governors or doctors.

People chat, exchange information and gossip.

But I wouldnt exactly call that collusion.

But there is irony in MacDonalds insistence.

No one will negotiate because theyre scared, said another of the execs quoted above.

Only Tiger Aspect is part of a larger conglomerate in the shape ofBanijay.

Like everything else, this process benefits massive companies.

A certain degree of paranoia surrounds the question of why these specific companies are being probed.

CMA investigations start off with a remit but that remit is easily expandable.

Other lower-budget genres, which often work under even less formal structures than drama, could therefore be vulnerable.

Its a bummer for everyone.

The question now is what comes next.

The situation could drag on, becoming more scary, laborious, and expensive as it proceeds.

Hat Trick couldnt be reached for comment.

The CMA declined to comment.