Pinewood sells its stake in Atlanta studio

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Pinewood Group is selling its stake in Pinewood Atlanta, Deadline: Hollywood reported on Aug. 21.

The Atlanta operation, which opened in 2013, was a joint venture between Pinewood and a trust of the Cathy family. Pinewood sold its stake to its partner, Deadline said.

None of this affects the Bond films produced by Eon Productions. Those movies are made out of Pinewood’s home base near London. However, Pinewood Atlanta has been the base for major films, including Avengers: Infinity War and Avengers: Endgame.

A brief excerpt from the Deadline story:

Pinewood will provide sales and marketing support for the (Atlanta) studios for a period of up to 18 months during which time the operation will remain branded and operated as a Pinewood facility. The partners say there will be no impact on productions shooting at the studios, which will continue to be led by Frank Patterson, president of the facility.