Pinewood Group, the UK owners of the iconic Pinewood and Shepperton studios, has been officially sold to property investment fund manager Aermont Capital. The £323.3M ($411.2M) deal was completed on Tuesday. Pinewood was officially sold to English company Picture Holdco Ltd, a UK company owned by funds managed by Aermont. Deal means that Pinewood, which is the UK’s biggest provider of studio space in the territory and has housed mega-franchises such as James Bond and Star Wars, is no longer public company and its listing on the London stock market was cancelled. The sale was originally mooted in late July this year as Pinewood announced it was looking to go private to fund its expansion in the territory, notably an ongoing planned expansion in the London suburb of Buckinghamshire. The group also operates facilities in Toronto, Atlanta, the Dominican Republic and Malaysia.
Discovery Q3 Revenue Dips 4%, Net Profit Up Year-On-Year; Touts TLC
Star China’s Sing! China, China’s answer to The Voice and the Idol format, has crooned its way to the top with the program’s first season breaking a number of television and online viewing records. The singing competition, which was launched on Zhejiang Satellite TV network across the summer, was number one for seven weeks on the station and amassed more than 37 billion views for its first season, according to figures from Star. National Market share in the territory was more than 30%, five times higher than the second place show in the same time slot. The talent show searches for China’s next big singing sensation and sees four main judges each ride a chariot and rush to the stage to choose the contestant they desire. Concept and stage design are based on the them of The War of Music. Judges team up with selected contestants and guide them in a series of competitions. Star China will be launching sales on season one of Sing! China to buyers at Mipcom later this month.
Eurosport is teaming with American professional skier Lindsey Vonn for Chasing History, a behind-the-scenes look into Vonn’s life as she pursues her dream of breaking the number of World Cup wins. She show, which will debut in February 2017 and form a key part of the buildup to Eurosport’s coverage of the PyeongChang 2018 Winter Olympics, will chart the winter sports icon on and off the piste. Vonn, a 2010 Olympic Downhill gold medallist, is regarded as the most successful downhill skier of all-time and has won 76 World Cup races to date in a career spanning 16 years. Chasing History is a strategic move for Eurosport as it will begin to tell real-life stories of the athletes chasing for gold in PyeongChang. Series will be broadcast across all Eurosport channels and platforms, including the Eurosport on demand subscription service.
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