Jump to content
Sign in to follow this  

Pinewood Studios to expand with new investment


Andy
  • Pinewood Studios has announced it is to double it's capacity as it has received £135 million ($200 million) in funding from a commercial banking syndicate led by Lloyds Commercial Banking.

Pinewood Studios, which has seen the filming of Star Wars: The Force Awakens, and will also reportedly host the shooting of Star Wars Episode VIII, has revealed the expansion plans have been made possible due to major motion picture productions such as Avengers: Age of Ultron, and Skyfall.

The new development will include five new large stages, ten workshops, two production offices, as well as necessary infrastructure to support the facility, and is expected to create over 3,000 jobs once fully operational.

Chris Naisby, finance director of Pinewood Group, which runs the studios, said "For almost 80 years our studios have been home to some of the most iconic films and TV shows ever made. We are looking to remain at the forefront of the industry by expanding our facilities to meet demand."

The plans were initially put forward several years ago, but were rejected by the government in 2012. It was redrafted and submitted again in 2013 but was rejected by the local council, but Pinewood won an appeal to the planning committee and was given the green light last year.

Nick Hughes from Lloyds Bank’s strategic finance also added, “Pinewood is a truly international brand that drives investment into the UK, and this new development will only reinforce its importance as a global centre of production for the screen industries.”


Sign in to follow this  


User Feedback

Recommended Comments

There are no comments to display.



Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Similar Content

    • Production company charged over Harrison Ford accident

      The production team behind Star Wars: The Force Awakens is to be prosecuted by the UK's Health and Safety Executive following the accident at Pinewood Studios that left 73-year-old Han Solo actor Harrison Ford with a broken leg.
      Foodles Production (UK) Ltd, is set to appear before High Wycombe Magistrates Court in May to face charges relating to the failure of heath and safety proceedures that should have been set in place to ensure the safety of the cast and crew. Following investigations HSE detirmined that there were four breaches of health and safety law that the company directors must answer to, stating that "employers must take reasonable steps to protect workers - this is as true on a film set as a factory floor".
      The incident involved a hydraulic door, which was considered dangerous machinery for the purposes of the investigation, and will most likely leed to a fine for the company, which was set up in 2013 for the production of The Force Awakens.
×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.