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U.K.'S SHEPPERTON MOVIE STUDIOS AIDED BY TV
Tuesday, March 27 2007
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Britain's venerable Pinewood Shepperton studios, which has been hit hard in recent years by the declining dollar and fewer tax incentives -- making filmmaking in the U.K. more expensive for Hollywood studios -- has been able to partially offset stagnant film business by boosting TV production, the company said today (Tuesday). In a preliminary results statement, the studio group said that revenue from television operations grew 32 percent to $23 million. "Our strategy to diversity further into television has resulted in significant revenue growth from this activity, which increasingly will help to mitigate the effects of more volatile film revenues," studio chief Ivan Dunleavy said.
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PINEWOOD SHEPPERTON -- U.K. STUDIO GETS BIG LIFT
Thursday, September 14 2006
Pinewood
Shepperton
--
Britain's
leading
film
studio
--
is
expecting
a
big
boost
in
production
next
year
following
the
institution
of
new
tax
breaks
this
year
that
have
made
Britain
a
more
attractive
location,
the
London
Times
reported
today
(Thursday).
The
newspaper
observed
that
the
studio
has
already
begun
seeing
the
benefits
of
the
tax
relief
system
that
primarily
affects
films
started
on
or
after
last
April
1.
It
said
pre-tax
profits
for
the
studio
(more)
SHUNNED BY HOLLYWOOD, BRITISH STUDIO REPORTS LOSS
Thursday, September 1 2005
Pinewood
Shepperton,
which
operates
Britain's
two
largest
film
studios,
has
reported
a
loss
of
$204,000
for
the
first
half
of
2005
versus
a
profit
of
$2.11
million
during
the
same
period
a
year
ago.
The
company
said
that
uncertainty
over
whether
Britain
would
continue
tax
breaks
for
film
producers
and
the
weakness
of
the
dollar
against
the
British
pound
had
discouraged
Hollywood
producers
from
selecting
the
site
for
productions.
It
noted
that
only
two
"significant"
(more)
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