Plans to build £700 million (€820m) film and TV studios facility in the UK have been revealed by the owners of Sunset Studios in Los Angeles. An investment firm has already purchased a 91-acre site in Hertfordshire for £120 million and, subject to planning permission, the facility will be built in Broxbourne.
The area is already home to independent Elstree Studios, where the Paddington movie was filmed, as well as Netflix series The Crown. The BBC’s also has its own Elstree studio, which is home to EastEnders.
Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport, said: “This new studio is yet another vote of confidence in the UK’s booming film and TV industry. Through the British Film Commission, we’re supporting the development of stage spaces like this across the UK – boosting the local economy and backing our world-class creatives to make the next Bond blockbuster or bingeworthy box set.”
Those behind the plans said the studios would contribute £300 million annually to the local economy and could create up to 4,500 jobs.
It would be the first expansion of the Sunset Studios brand outside the US, which was home to film productions such as When Harry Met Sally, X-Men and La La Land.