The Pinewood Group — of the U.K.'s storied Pinewood and Shepperton Studios — said today it’s assumed full ownership of the Toronto production facility that also bears the Pinewood name
The Pinewood Groupo — of the UK’s storied Pinewood and Shepperton Studios — said today it’s assumed full ownership of the Toronto production facility that also bears the Pinewood name. It’s been providing sales and marketing services to the state-of-the-art, purpose-built film and TV studio since 2009.completes its most recent expansion, adding a further 170,000 square feet of production space including five soundstages.
“Film and television production in Toronto has seen massive growth,” said Toronto Film Commissioner Marguerite Piggott. “The acquisition by Pinewood Group is an exciting demonstration of Toronto’s global appeal and a strong indicator of continued robust growth well into the future. We are thrilled to welcome them.”
Vic Gupta, CEO of CreateTO, a new agency established by the city to develop its real estate assets, said Pinewood has agreed to the creation of a city building fund with a significant investment, “which will further support the development of the sector in the Port Lands, an important hub for the media production industry.
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