Broccoli non-007 film first to shoot at Pinewood expansion

Pinewood Group PLC logo

Pinewood Group PLC logo

A Barbara Broccoli non-007 movie is the first film being made at a Pinewood Studios expansion, the company said in a press release today announcing financial results.

Film Stars Don’t Die in Liverpool is “the first production to utilize the new facilities,” according to the Pinewood statement. The studio is the traditional home base for the Bond film franchise, supervised by Broccoli.

The Pinewood expansion added five stages, workshops and offices totaling more than 300,000 square feet. It became operational on June 30.

The studio also said it “already signed a contract for an additional major film production which will fully utilize these new facilities from August 2016.” No additional details were provided.

Pinewood, meanwhile, said little about its largest pending issue — whether it will be sold or not.

The company said in February it was conducting a “strategic review,” which could include a sale.

That review “is ongoing,” the company said in today’s statement. The company said only it will “update shareholders on its progress when there is further information to share.”

A few, large shareholders control 79 percent of Pinewood shares. The company has wanted to move to the main market of the London Stock Exchange. That requires at least 25 percent of a company’s shares be traded publicly. The review is intended to assess other ways to finance future expansion plans.

 

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