pandemic Hollywood crisis Coronavirus

Investing Amid a Pandemic: Why Coronavirus Hasn't Stopped a U.K. Studio Fund

Reading now: 856
www.hollywoodreporter.com

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.

Read more on hollywoodreporter.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
77%
278
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA