Experts warn sector needs extra space equivalent to four new Pinewoods to sate demand
The UK needs to build the equivalent of four new film studios to keep up with the ever-increasing demand for new content from streaming giants such as Netflix, or risk losing out on billions of pounds of movie and TV spending to rival markets, according to a report.
The UK is currently packed with Hollywood productions including films such as Mission: Impossible 7, Indiana Jones 5 and Doctor Strange in the Multiverse of Madness, and TV productions including Amazon’s The Witcher, The Essex Serpent, Dungeons & Dragons and Star Wars: Andor. Netflix and Disney, two major users of British film infrastructure, have struck long-term deals to make productions at two cornerstone UK film studios, Netflix at Shepperton and Disney at Pinewood, both near London.