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U.K. Studios Fund to Invest in $290 Million Complex Outside London

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hollywoodreporter.com
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Amid the ongoing crisis related to the new coronavirus that has shut down most film and TV production across the U.K., a proposed new studio facility aimed at capitalizing on the recent British production boom is set to receive 250 million pounds ($290 million) of funding.

Newly launched U.K. studios investment fund the Creative District Improvement Company, set up by real estate developer Piers Read, producer of hit Brit comedies The Inbetweeners and Peep Show, and Jeremy Rainbird, who helped launch Sharon Horgan's label Merman, has teamed with property developer Quinn Estates on the new site in the British county of Kent.

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