Financial News

  • 18 February 2014, 9:37

Pinewood Studio In Cardiff Backed By Sheen

Welsh actor Michael Sheen has welcomed plans to set up a new Pinewood studio in Cardiff.

A new 180,000 sq ft complex will be built in Wentloog in the city and will form part of Pinewood's global network of film studios.

Pinewood and Shepperton Studios have been home to more than 1,500 films in more than 75 years, including the James Bond franchise and the Carry On series.

Gravity, which won six Bafta awards on Sunday night, was also filmed at Pinewood studios and has been hailed for its spectacular special effects.

The Welsh Government hopes facility will generate 90m for the economy.

Sheen, who originally hails from Port Talbot, was among leading members of the creative industries and acting community in Wales who described the deal as great news.

The Frost/Nixon and Blood Diamond actor said: "This is a logical next step, building upon the huge success of the revitalised Welsh entertainment industry.

"It's always a precarious business to attempt such a large undertaking, but it points to the confidence, the expertise and the creative spirit of the people of Wales, and I hope it can help the country come closer to realising its hopes for the future."

Wales' First Minister Carwyn Jones said: "Attracting such an iconic global brand as Pinewood is wonderful news for Wales.

"This high-profile investment is of significant economic value to Wales while the partnership between the Welsh Government and Pinewood offers a priceless opportunity to promote Wales as a world-class location for film and television production."

Those sentiments were echoed by award-winning production designer Ed Thomas.

His credits include Da Vinci's Demons, Doctor Who and Torchwood.

He said: "As someone who actively promotes and works in the industry here, I am continually surprised when I meet producers from around the world who still have no idea of our country's contribution to film and television.

"Pinewood will provide much-needed attention on promoting Wales at the highest level, so I welcome the decision greatly."

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