Following completion of the remaining development, the company will operate 18 stages in the London area. London Metro Area: Shadowbox recently completed the initial 150,000 square foot phase of its nearly one million square foot Shinfield Studios project in the United Kingdom, which is fully leased to one of the world’s largest content creators. Upon completion of this expansion, Shadowbox’s footprint in Atlanta will total 31 soundstages and exceed two million square feet. ![]() The company is also developing an additional 1.2 million square foot space including 22 new soundstages. Shadowbox’s existing footprint consists of:Ītlanta Metro Area: Shadowbox currently operates an 850,000 square foot studio facility with nine soundstages in Atlanta, GA that has been home to blockbuster features such as Jumanji: The Next Level, Jungle Cruise and Godzilla: King of the Monsters. There is a long runway for the growth of the overall industry, and we are thrilled to partner with Shadowbox to expand the company’s service offerings and deliver premium soundstage facilities in the top global production markets.” “Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. “The combination of Shadowbox’s premier facilities in tier one production hubs and deep relationships across the production landscape allows the company to support the world’s top content producers as they grow their businesses,” said Lee Wittlinger, Managing Director at Silver Lake, who has joined Shadowbox’s board along with Silver Lake Director Chip Schroeder. With this additional funding, Shadowbox will be able to expand on its established portfolio and scale its offerings to meet the increasing demand for premium soundstages across the globe. Shadowbox develops, owns, and operates purpose-built, state-of-the-art soundstage facilities uniquely positioned to meet the needs of a growing industry of creative content producers. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. The investment includes a capital commitment of $500 million that will support Shadowbox’s growth strategy, including existing soundstage development projects in the Atlanta, London, and Los Angeles metro areas with over $1.5 billion of expected capital investment. ![]() ATLANTA-( BUSINESS WIRE)-Shadowbox Studios (“Shadowbox”), a premium operator of purpose-built soundstage facilities, today announced a strategic investment from Silver Lake, the global leader in technology investing.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |