The creative industries are generally defined as those “which have their origin in individual creativity, skill and talent and which have a potential for wealth and job creation through the generation and exploitation of intellectual property”.
These industries include among others, advertising, architecture, the arts and antique market, crafts, design, designer fashion, film and video, interactive leisure software, music, performing arts, publishing, software and computer services, radio and television.
The creative digital media and IT sector has grown so strongly in and around Shoreditch that the area around Old Street has been dubbed the “Silicon Roundabout”.
Arguably one of the most significant opportunities for creative Industries within the borough comes from the development of the International Broadcast Centre/ Press Centre for the London 2012 Games within the borough, at Hackney Wick, called iCITY.
This development of iCITY has created 1 million sq ft of high specification, flexible office and studio space. The new buildings feature state-of-the-art utilities, power and digital connectivity. And they are adaptable to a wide range of uses, maximising the potential employment opportunities and linking with other exciting developments within the former Olympic Park.