Elstree at Risk Over $250 Million Funding Gap

Here’s the latest from Variety – Film

A report has laid bare the challenges faced by Elstree Film Studios, best known as the home of the original “Star Wars” films.

The studio, which is owned and operated by Hertsmere Council, requires a cash injection of £150 million to £200 million (up to $255 million) to “replace life expired buildings and ensure its competitiveness beyond the 21st century.”

Last summer, during the replacement of some studio doors, asbestos was found in three soundstages as well as other buildings, which required remediation work. During that work, the contractor reported that some of the roof structures and walls were in a “dangerous” state, with some concrete beams dating back to the 1960s and ‘80s having already snapped…

…Read the Full Article @ Variety