Welsh Government follows Isle of Man to Pinewood

Tue, 18 Feb 2014

The Welsh Government has followed the Isle of Man by choosing Pinewood to manage its media investment fund.

That’s according to the Treasury Minister, who made the news public after the deal was announced yesterday.

Advising on the new £30 million television and film investment fund for Wales, Pinewood will also operate the new ‘Pinewood Studio Wales’ - at Cardiff Bay.

Pinewood is now one of the largest regional investment portals for new British television and film content, with advisory funds totalling £55 Million.

Eddie Teare says as a shareholder the Island will see an economic benefit: