Plans to develop a state-of-the-art movie studio in Reading, UK have been put forward by Blackhall Studios.
The US movie studio group, along with the University of Reading, plans to build a new £150 million studios at Thames Valley Science Park.
Blackhall Studios, responsible for recent blockbusters such as Venom, Godzilla: King of the Monsters and Jumanji: The Next Level (pictured), said the move would bring major Hollywood film productions to the UK and create up to 3,000 jobs.
The company said £500 million a year would be invested in the complex, which would produce roughly five to seven movies a year and create 1,500 jobs on-site.
Ryan Millsap, chairman and CEO of Blackhall, commented: “Blackhall is the global standard for entertainment production space and our US-based clients like Disney, Universal and Sony are all asking us to expand into the UK to meet their desire to create productions here. They wouldn’t trust just anyone to meet their high standards, so we are delighted to serve them in this way.
“We are very excited about the prospect of investing in the UK creative industries as one of the most vibrant markets in the world. We hope that the site at Thames Valley Science Park will be the start of a series of investments in the UK which will see investment in jobs, training and the creative arts across a range of disciplines. The UK has a wealth of talent that our UK companies recognise and want to partner with for decades to come,” he added