On March 2, just days before the new James Bond filmNo Time to Die was pushed back until November, kicking the first domino piece on two weeks in which Hollywood and much of the world’s film and TV industries effectively shut down as the novel coronavirus pandemic took hold, a new fund aimed at investing in U.K.
studios was formally unveiled. Overseen by urban regeneration firm The Creative District Improvement (TCDI) Company and valued at some 500 million pounds (then $640 million, now $600 million due to the fall in the value of the pound), the fund was to invest in a network of film and TV studios across the U.K. — some new builds and some existing — and capitalize on the country’s dramatic boom in production, which hit a record $4.7.