North East Mayor Kim McGuinness and members of the North East Combined Authority have given the green light to a £25 million investment in the region’s screen industry.
At the authority’s cabinet meeting, it approved the investment to begin preparation on the site at Sunderland Riverside, which will be home to Crown Works Studios, the film and TV complex being delivered by FulwellCain – a joint venture between global entertainment company Fulwell 73 and Cain International
The completed development is expected to create up to 8,450 jobs across the North East by 2033 and could add £2 billion to the region’s economy.
Speaking about the investment, McGuinness said: “The North East is already a hotbed for arts and culture. Today we are sending a message that we will be the home for world-class film and TV production. We will build a thriving creative economy from the banks of the River Wear and beyond, creating thousands of amazing jobs for local people.”
The studios are expected to be one of the largest in Europe, with 20 premium sound stages suitable for major feature films and high-end TV productions.
