Star Wars effect boosts Pinewood's record year
There is no doubt that the film and TV industry in the UK is looking very healthy indeed, with Pinewood's new revenue figures illustrating the boom nicely.
Pinewood Group plc has officially reported revenue of £75m - an increase of over £10m from the previous year. Its operating profit stands at £5.8m, up from £4.9m in 2014. Â
The world famous studio group, which encompasses Shepperton as well as international outposts in Iskandar, Toronto, Atlanta, Wales and the Dominican Republic, has also enjoyed a record year with regard to the profile of the films it has hosted recently.
Top of the tree is the behemoth Star Wars: Episode VII - The Force Awakens which, combined with Avengers: Age of Ultron and James Bond's 24th excursion, Spectre, have all helped ramp up the revenue.
Pinewood's chief executive, Ivan Dunleavy, said of the news:  "Pinewood is a uniquely positioned independent operator and has once again delivered strong growth…
"… construction has begun on the first phase of the Pinewood expansion. This is an exciting development for the Group and we are pleased with the support and commitment given to us through the placing.
"Although we have hosted the three largest film productions of the year [see above], we continue to be unable to meet all the demand from large films. This will be partly addressed by the first phase of the Pinewood expansion.
"We are encouraged that the current financial year has got off to a strong start with good visibility into the coming year."
For a round-up of films and TV productions currently based at Pinewood Studios, head over to Production Intelligence.
Also on The Knowledge
Major new studio planned for Scotland
A major new studio has been greenlit for Scotland with partial funding from the UK government.
Steven Knight drama showcases West Midlands locations
Steven Knight’s new 1980s-set drama, This Town, filmed at Digbeth Loc. Studios and on locations around the West Midlands.
Blankety Blank wins two more series
Thames has greenlit two more series of revamped game show Blankety Blank for delivery to BBC One.
Peaky Blinders film to shoot in September
Peaky Blinders creator Steven Knight has confirmed that the film version of the period drama is eyeing a September start.
Shepperton expansion opens as Amazon MGM and Netflix move in
The major new expansion of Shepperton Studios is now open with the third series of Prime Video’s The Devil’s Hour now filming.
New film and TV studio to open in Hertfordshire
A new, purpose-built film and TV studio is to open in Hertfordshire this spring, the first high-spec facility in the St Albans area.