Magazine article Screen International

Pinewood Pushes Ahead with Expansion Plans

Magazine article Screen International

Pinewood Pushes Ahead with Expansion Plans

Article excerpt

New film and TV revenues boost Pinewood expansion; studio group to submit planning application in autumn.

Pinewood Shepperton is in rude health, according to the latest company statement from its chairman, Lord Grade of Yarmouth.

According to Lord Grade, the studio is running at near capacity, Media Park is enjoying "high occupancy levels", the company has made "a positive start" to the new financial year and expansion plans are afoot.

Lord Grade said the company is "aiming to submit a planning application in the autumn," and that its discussions with the Isle of Man about its £25 million Media Development Fund are "progressing well."

In June, The Isle of Man government announced plans to merge its film arm, CinemaNX, into Pinewood Shepperton, and hand over running the island's £25 million Media Development Fund to the studio group. …

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