Sky gets approval to build new TV and film studio in Elstree
Sky has got the green light to create a major new film and TV studio in the UK where it will invest in making its own shows.
The media giant, working with sister company NBCUniversal and investor and developer Legal & General, said Sky Studios Elstree in Hertfordshire will comprise 12 sound stages. Permission to proceed with construction works follows a decision last night by Hertsmere borough council.
It is due to open in 2022 and set to lead to the creation of over 2,000 jobs in the local area. There will be a number of different roles, including camera operators.
Sky predicts up to £3 billion will be invested in new production at the site over the first five years.
Sky has previously leased studio space to make it’s Sky Originals, including the comedy Brassic and drama Chernobyl.
Caroline Cooper, chief financial officer at Sky Studios, said: “Even during challenging economic times, Sky Studios Elstree represents Sky’s continued commitment to the UK’s cultural economy, as well as our goal to recruit, train and develop the leading creative talent of tomorrow.”
Cooper said the company is “materially increasing” investments in Sky Originals.
Sky Studios Elstree will become home to a host of Sky Originals, created by Sky Studios, as well as major film productions from Universal Pictures, Focus Features and Working Title, and television shows from Universal Studio Group.
The site will also have capacity to host productions from third party producers.
Secretary of state for culture and MP for Hertsmere, Oliver Dowden: said: “The film and TV industry plays a vital role in the UK’s economy, with its programming keeping us informed, entertained and connected over the past few months. Sky Studios Elstree will become home to the best-loved films and TV shows of the future, championing British creativity on the global stage.”
Work to clear the site ready for construction begins this month.
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Sky to build huge Elstree film studio costing 'hundreds of millions'
