Broadcast News

Bookmark and Share

Pinewood Shepperton share offer promises £46m

The share launch by UK film studio complex Pinewood Shepperton on the London Stock Exchange today was expected to net £46.2 million, but the oversubscribed share offer promises to net the company much more.
The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
Chairman of Pinewood Shepperton, Michael Grade, said: “We are delighted with the response from investors. Pinewood Shepperton is a household name in the film and television industry and we look forward to developing our reputation as a public company.”
Based on the offer price and the number of issued shares (45,813,118) the market value of the company is approximately £82.5 million.
Commenting on the announcement Ivan Dunleavy, Chief Executive of Pinewood Shepperton said: “This is great news for the future of our business. This offering has given us the appropriate capital structure to grow our business and we look forward to the future with confidence.”
Pinewood Shepperton is the leading European provider of studio and film-related services to the worldwide film industry and based on the number of stages is one of the largest studio complexes in the world.
Pinewood Studios was the subject of a management buy-out from Rank Group in 2000, and the company later added Shepperton Studios to its portfolio the following year.
Many major national and international film and television production companies making films and commercials use the extensive production and post-production facilities at the studio stages and other facilities.
Pinewood Shepperton provides facilities to over 200 media-related businesses based at the associated media villages.
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

Bristol Named UNESCO City Of Film
Bristol has been named a UNESCO City of Film ensuring that the city now joins the likes of Bradford, Galway, Rome and Sydney as a City of Film. The an
Winners Of Third Annual SMPTE-HPA Student Film Festival Announced
SMPTE® and the Hollywood Professional Association (HPA) have announced the winners of the third annual SMPTE-HPA Student Film Festival. The event took
GB Labs Takes On 400 Ambitious Film Students At Anglia Ruskin University
"We prepare students for a career in television and film," says Sean Thornton of Anglia Ruskin University. "As such, the technology we use has to be r
BLUEFIN TV Film New BBC Series – 'Talking Chefs'
Bluefin have just finished filming for a new BBC series – 'Talking Chefs', due to be transmitted in early 2018 on BBC World and The Travel Channel. Th
Further Support For Irish Film & TV Industry
Bord Scannán na hÉireann/the Irish Film Board (IFB) has welcomed the announcement of an additional €1.5 million for Ireland's film, television and ani
Crew Needed For Feature Film
A feature film due to commence filming in Belfast next month is seeking crew in all departments, it has been revealed. February Films is shooting a fe
UK Studios: An International Success Story
It has often been said that Hollywood is the most recognisable film industry in the world, with hundreds of movies and television series generated eve
Teddington Studios & SBS acquired for £2.7m
Teddington Studios Limited, which had been placed in administration, and the entire share capital of The Studio Broadcasting Company Limited (SBC) hav
EUROPE’S two leading film and television studios, Pinewood and Shepperton, have announced their merger, valuing the combined business at more than £10
Pinewood Announce Cardiff Studio
A new film and television studio has been announced for Cardiff, following a partnership deal struck between the Welsh government and Pinewood Studios
Sonifex Mixers Selected For University Radio Studio
Sonifex S2 mixers and S2 Solutions furniture have been installed at Rebel, a Students' Union radio station based at Essex University in Colchester. Ho
Changing Studio Requirements
When we opened our studios in 2008 it was in the belief that there would be an inevitable demand for online videos, writes Andy Woodruff, Camberwell S
DPA's New Mobile Studio-Quality Audio To Be On Show At IBC 2017
DPA's new d:vice MMA-A Digital Audio Interface will be on show at IBC 2017 (booth 8.D70). It will give European broadcasters their first opportunity t
New Price Point For Atomos Shogun Studio
Atomos have confirmed a new price point for their Shogun Studio rack-mounted, two-channel 4K/HD recorder and playback desk with dual 7" IPS monitors.
Absen LED Revamps Hungary's TV2 Studio
Hungary's TV2's Tenyek has invested in Absen as part of its studio redesign, to keep it as fresh and current as the news it airs. The news programme o