Theresa May, the new Prime Minister, stated "Brexit
means Brexit", but it is not yet known what Brexit means
for the UK. There is much speculation as to whether the UK
will adopt a Norwegian, Swiss or Canadian model for trading with
EU, or something else entirely. In reality, it is impossible
to know what is going to happen and how the UK will be
affected.
As recently as 4 July 2016, the then Secretary of State for the
Department of Culture, Media and Sport ("DCMS"), John
Whittingdale (now replaced by Karen Bradley), proclaimed in an
up-beat press release that he saw no reason for the UK's
decision to leave the EU to have an impact on the successes of the
creative industries. Most people will fervently hope that
optimism will be borne out, not least because the creative
industries are important to the UK's economy. Research
carried out by the Centre for Economics and Buisness Research for
Arts Council England ("ACE") estimates that an aggregate
turnover of £12.4
