Comcast-owned studio/broadcaster Sky has unveiled plans to build a new 32-acre, state-of-the-art TV and film studio next door to the world-famous Elstree Studios. Sky says the proposed development represents a significant new investment in the UK and European creative economy and will be made with Comcast’s blessing.
According to Sky, the new Sky Studios Elstree studio will lead to the creation of over 2000 new jobs and generate an additional £3 billion of production investment in the UK’s creative economy over the first five years of operation. Subject to planning consent, the site is expected to open in 2022 and house 14 sound stages. This means the studio will be able to facilitate the production of several films and TV shows simultaneously, with each of the stages covering over 20,000 sqft. Once complete, the site will also include production offices, a set construction workshop, a screening cinema and state-of-the-art post-production and digital facilities.
Jeremy Darroch, group chief executive, Sky, said: “Sky Studios Elstree will play a pivotal role in bringing the wealth of UK and European talent and creativity to the world. We know our customers love Sky Originals like Chernobyl and our investment in Sky Studios Elstree will enable us to bring more unique stories to more viewers.”
Roger Morris, managing director, Elstree Studios, added: “Sky Studios Elstree will be of immense importance to the UK Film and Television industry – it will not only boost the local economy of Hertsmere and Hertfordshire, but will also have a major impact on the UK’s creative sector. We are extremely proud that Sky Studios Elstree has chosen to locate near us and we look forward to working closely with them.”
The new physical studio space follows the launch of a dedicated Sky Studios division earlier this year, amid promises to double production investment. According to Sky, it will play host to major film productions from Universal Pictures, Focus Features and Working Title, and television series from NBCUniversal Content Studios. It will also have some capacity to host productions from third party producers.
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1st April 2020