Netflix Signs Longterm Lease at U.K.’s Longcross Studios – The Hollywood Reporter
Netflix is constant its fast U.Ok. enlargement, signing a significant cope with yet one more British studio that has been a house for the a few of the greatest movies in recent times, together with titles from James Bond, Star Wars and Marvel Cinematic Universe franchises.
The streamer mentioned on Monday that it had signed a long-term settlement with Aviva Traders to “function and considerably develop” the manufacturing facility of Longcross Studios in Surrey, outdoors of London. In response to Aviva Traders, a part of U.Ok.-based insurance coverage large Aviva, the Netflix deal is predicted to “considerably improve the breadth and calibre of manufacturing services” on the website.
Constructed on a former Minister of Defence facility and first opened in 2006, Longcross is unfold over 72 acres and options 5 sound phases starting from 8,000 to 42,000 sq. ft. Latest movies to shoot there embody Star Wars: The Final Jedi, Aladdin, The King’s Man, The Gentleman, Demise on the Nile, Physician Unusual and Skyfall.
Longcross now joins Shepperton Studios, the place Netflix took out a long-term lease in 2019 (the identical yr that Disney signed a deal to occupy most of Pinewood Studios).
In saying the Longcross deal, Netflix touted its quickly increasing enterprise within the U.Ok., which is well its greatest manufacturing hub outdoors the North America and the place it has dedicated to spending greater than $1 billion this yr on 60 productions, together with the likes of Intercourse Training, The Witcher and Bridgerton, alongside new titles together with Anatomy of a Scandal, Man vs Bee, Keep Shut and Heartstopper.
“We’re delighted to announce the enlargement of our manufacturing presence within the U.Ok.,” mentioned Anna Mallett, vp, bodily manufacturing, EMEA/U.Ok. at Netflix. “The brand new lease at Longcross highlights our dedication to investing within the U.Ok. artistic business and can present a wealth of alternatives and manufacturing jobs, from entry degree to heads of division. We’re excited to work with a few of the finest storytellers within the enterprise to create wonderful new movies and collection for our members.”
As a part of the announcement, Aviva Traders has additionally acquired the remaining stake in Longcross, bought from three way partnership companion Crest Nicholson, for £45 million.