Leavesden Film Studios will feature 10 new sound stages and more than 37,000 sq. m of production and auxiliary areas.
American media company Warner Bros. Discovery (WBD) is to expand its Leavesden film studio in Watford, UK, creating an additional 4,000 jobs and bringing more than $245.9 million to the UK budget. This was stated in a statement by WBD.
The project includes the construction of 10 new sound recording pavilions and more than 37 thousand square meters. m of production and auxiliary areas. As a result, the volume of movie studio productions could increase by 50%.
Construction work is scheduled to begin in the second quarter of 2024 and should be completed by 2027. After that, the studio will become the main production center of DC Studios, a division of WBD that produces movies and TV series from the DC comic book universe , just like Batman vs. Superman And Wonder Woman.
The Leavesden studio complex was converted from a disused aircraft factory in the 1990s to film James Bond films golden eyes. The film was shot in the same studio Barbie, which grossed $1.42 billion worldwide and became the highest-grossing film in Warner Bros. history. Discovery.
Since the beginning of 2023, WBD’s capitalization has grown by 21.4%, while the S&P 500 index has grown by 12.8%.
We remind you that it was previously reported that Warner Bros. plans to make a TV series based on the Harry Potter books.
Source: korrespondent
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