Prime Video, Amazon’s streaming service, announced a massive “long-term” arrangement on Wednesday for the exclusive use of new production facilities at studios in London, boosting Britain’s booming film sector even more.
Shepperton Studios’ owner, Pinewood Group, claimed in a statement that the “landmark multimillion-pound… contract with Shepperton Studios” was for “original TV series and feature productions.”
According to Pinewood Group chairman Paul Golding, when the new facilities are completed next year, Shepperton Studios will be the world’s second-largest, with 31 purpose-built stages.
“Our significant investment in this excellent studio is supported by this… commitment to Shepperton,” he continued.
The Amazon acquisition, according to Finance Minister Rishi Sunak, is a boon to the UK economy.
In the joint statement, he continued, “The investment will promote growth and generate jobs.”
Online players, such as Netflix, have helped Britain’s famed film industry in recent years as they seek facilities for their own films.
At the same time, the pandemic has resulted in a spike in film and television show streaming, which has benefited companies like Disney.
Shepperton Studios, situated just south of London, has also struck an agreement with Netflix, broadcaster of “The Crown” — the hit series chronicling the life of Queen Elizabeth II.
