Netflix has reached a renewed long-term agreement with Shepperton Studios, the UK production facility.
The site owner, Pinewood Group, announced today that the new development will be significantly expanded, with the existing development at about one million sq ft and will contain 17 additional sound stages, and the 14 already exist.
The two parties decided not to say how much space Netflix will occupie, but confirm it will not be the entire studio.
As we continue to invest in this great studio, Paul Golding said that we are thrilled to start the new phase of expansion, and we're very pleased to continue to use their capability. Having a commitment to expand at Shepperton is an endorsement of our operational expertise and can boost our investment in this great studio.
To make the very best storytellers in the business for each of our members a fantastic new film and series to show, he said. We are delighted to announce our expansion into the UK / the new contract with Shepperton highlights our commitment to acquiring the UK creative industry. Sheppertons new contract will bring great opportunities and great manufacturing jobs, from entry level to heads of department / Were excited to work with some of the best storytellers in the business to create creative new films and films.