×
You will be redirected back to your article in seconds

U.K. blocks Pinewood expansion plan

Company to develop studios overseas

LONDON — Just nine days after U.K. Prime Minister David Cameron visited Blighty’s Pinewood Shepperton Studios, the government has rejected the studio’s Project Pinewood expansion plan.

The £200 million ($309 million) proposal, unveiled in 2007, planned to double the size of the facility and envisaged creating permanent film sets replicating destinations such as New York’s Tribeca neighborhood and Montmartre in Paris plus offices and more than 1,400 homes.

In a statement on Friday, Pinewood said it was disappointed by the decision and added that it would “take time to review the decision in detail.”

Shares in the Pinewood Studios Group fell 11.6 cents to $4.10 — some 6% — after the planning application was rejected.

The proposal has met its fair share of opposition from residents who live near Pinewood in Iver Heath, Buckinghamshire, some 20 miles west of London, and the South Buckinghamshire District Council, which rejected the plans initially.

In July, Brit real estate, transport and infrastructure investment company Peel Holdings took over the studios, upping its ownership to 71.1% of its stock.

Pinewood, home to pics including Martin Scorsese’s “Hugo,” the “Harry Potter” franchise and upcoming Ridley Scott pic “Prometheus,” said it would “continue to implement its master planning consents at Pinewood and Shepperton studios and pursue its international strategy of developing studios overseas.”

More Film

  • FX's 'Snowfall' Panel TCA Winter Press

    John Singleton Hospitalized After Suffering Stroke

    UPDATED with statements from John Singleton’s family and FX Networks John Singleton, the Oscar nominated director and writer of “Boyz N’ the Hood,” has suffered a stroke. Sources confirm to Variety that Singleton checked himself into the hospital earlier this week after experiencing pain in his leg. The stroke has been characterized by doctors as [...]

  • 'Curse of La Llorona' Leads Slow

    'Curse of La Llorona' Leads Slow Easter Weekend at the Box Office

    New Line’s horror pic “The Curse of La Llorona” will summon a solid $25 million debut at the domestic box office, leading a quiet Easter weekend before Marvel’s “Avengers: Endgame” hits theaters on April 26. The James Wan-produced “La Llorona,” playing in 3,372 theaters, was a hit with hispanic audiences, who accounted for nearly 50% [...]

  • Jim Jarmusch in 'Carmine Street Guitars'

    Film Review: 'Carmine Street Guitars'

    “Carmine Street Guitars” is a one-of-a-kind documentary that exudes a gentle, homespun magic. It’s a no-fuss, 80-minute-long portrait of Rick Kelly, who builds and sells custom guitars out of a modest storefront on Carmine Street in New York’s Greenwich Village, and the film touches on obsessions that have been popping up, like fragrant weeds, in [...]

  • Missing Link Laika Studios

    ‘Missing Link’ Again Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the TV ad measurement and attribution company iSpot.tv, Annapurna Pictures claims the top spot in spending for the second week in a row with “Missing Link.” Ads placed for the animated film had an estimated media value of $5.91 million through Sunday for [...]

  • Little Woods

    Film Review: 'Little Woods'

    So much of the recent political debate has focused on the United States’ southern border, and on the threat of illegal drugs and criminals filtering up through Mexico. But what of the north, where Americans traffic opiates and prescription pills from Canada across a border that runs nearly three times as long? “Little Woods” opens [...]

  • Beyonce's Netflix Deal Worth a Whopping

    Beyonce's Netflix Deal Worth a Whopping $60 Million (EXCLUSIVE)

    Netflix has become a destination for television visionaries like Shonda Rhimes and Ryan Murphy, with deals worth $100 million and $250 million, respectively, and top comedians like Chris Rock and Dave Chappelle ($40 million and $60 million, respectively). The streaming giant, which just announced it’s added nearly 10 million subscribers in Q1, is honing in [...]

More From Our Brands

Access exclusive content