Warner Bros to expand UK studios.
OAN’s Stephanie Stahl
6:24 PM – Friday, September 22, 2023
Warner Bros Discovery has exciting plans to significantly expand its Leavesden studio lot, creating 4,000 jobs across Britain. This expansion will not only boost the economy by over £200 million but also enhance the studio’s production capacity by more than 50%. The ambitious project includes the creation of 10 new sound stages and 400,000 additional square feet of production and support space. It’s a game-changer for the UK’s creative sector.
The growth surge is also expected to increase the studios’ contribution to the United Kingdom economy by more than £200 million.
The ambitious plans include the creation of 10 new sound stages and 400,000 additional square feet of production and support space, according to a press release.
The expansion will increase the production capacity in Leavesden by more than 50%.
“Warner Bros. Studios Leavesden is globally-recognized for its exceptional soundstages and facilities,” Simon Robinson, COO of WBD Studios declared.
“With this planned expansion adding significant capacity and capabilities, it will be home to even more incredible storytelling for both film and television projects. We are proud to not only be growing our productions in Leavesden and making it the main hub for DC Studios, but also to be growing our economic and community contributions to the UK’s creative sector.”
The Leavesden studio lot has been home to Barbie, the Harry Potter series, HBO’s House of the Dragon and the upcoming Aquaman and the Last Kingdom.
Warner Bros plans for expansion comes amidst the 2023 Writers Guild of America strike, the first joint writers’ and actors’ strikes in 63 years.
The strike has delayed major Warner Bros projects, like the big-budget sequel of Dune.
Warner Bros Discovery had previously provided financial guidance for 2023 assuming the strikes would be resolved by early September.
The company now expects adjusted earnings to be reduced by around $300 million to $500 million for the full year and be in the range of $10.5 billion to $11 billion.
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What specific plans does Warner Bros Discovery have for the expansion of the Leavesden studio lot?
Warner Bros Discovery Announces Major Expansion of Leavesden Studio Lot
HOLLYWOOD, CALIFORNIA – JUNE 07: Warner Bros CEO David Zaslav in Hollywood, California. (Photo by Kevin Winter/Getty Images)
OAN’s Stephanie Stahl
6:24 PM – Friday, September 22, 2023
Warner Bros Discovery has exciting plans to significantly expand its Leavesden studio lot, creating 4,000 jobs across Britain. This expansion will not only boost the economy by over £200 million but also enhance the studio’s production capacity by more than 50%. The ambitious project includes the creation of 10 new sound stages and 400,000 additional square feet of production and support space. It’s a game-changer for the UK’s creative sector.
The growth surge is also expected to increase the studios’ contribution to the United Kingdom economy by more than £200 million.
The ambitious plans include the creation of 10 new sound stages and 400,000 additional square feet of production and support space, according to a press release.
The expansion will increase the production capacity in Leavesden by more than 50%.
“Warner Bros. Studios Leavesden is globally-recognized for its exceptional soundstages and facilities,” Simon Robinson, COO of WBD Studios declared.
“With this planned expansion adding significant capacity and capabilities, it will be home to even more incredible storytelling for both film and television projects. We are proud to not only be growing our productions in Leavesden and making it the main hub for DC Studios, but also to be growing our economic and community contributions to the UK’s creative sector.”
The Leavesden studio lot has been home to Barbie, the Harry Potter series, HBO’s House of the Dragon, and the upcoming Aquaman and the Last Kingdom.
Warner Bros plans for expansion come amidst the 2023 Writers Guild of America strike, the first joint writers’ and actors’ strikes in 63 years.
The strike has delayed major Warner Bros projects, like the big-budget sequel of Dune.
Warner Bros Discovery had previously provided financial guidance for 2023 assuming the strikes would be resolved by early September.
This expansion project by Warner Bros Discovery signifies a significant investment in the UK’s creative sector. The decision to expand the Leavesden studio lot demonstrates the company’s commitment to producing high-quality content and supporting the local economy.
The creation of 4,000 jobs will provide numerous opportunities for individuals interested in the film and television industry, further strengthening the UK’s position as a hub for creative talent. The additional sound stages and production spaces will attract more productions to the country, fostering growth and innovation in the sector.
Moreover, the economic impact of over £200 million will extend beyond the studio lot itself. It will ripple through the local communities, benefiting businesses and contributing to the overall prosperity of the region.
Warner Bros. Studios Leavesden has a rich history of hosting iconic productions, from the beloved Harry Potter series to recent hits like House of the Dragon. The expansion project will ensure that this renowned studio continues to be at the forefront of cinematic excellence.
While the 2023 Writers Guild of America strike has posed challenges for the entertainment industry, Warner Bros Discovery remains committed to delivering exceptional content to audiences worldwide. The expansion of the Leavesden studio lot demonstrates the company’s determination to overcome obstacles and invest in the future of the UK’s creative sector.
In conclusion, Warner Bros Discovery’s plan to expand the Leavesden studio lot is a significant development for both the company and the UK’s creative industry. The creation of thousands of jobs and the boost to the economy will have a lasting impact, cementing the country’s position as a global leader in film and television production. This expansion serves as a testament to Warner Bros Discovery’s commitment to excellence and their belief in the potential of the UK’s creative sector.
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