23.08.21 – PRESS – REACT MEDIA LTD News last week that production of the new Lord of the Rings television series will be moving from New Zealand to the UK after its first series says a lot about both the healthy state of the UK film industry and why real estate investors are taking note. Demand for studio space has surged in recent years thanks to the insatiable growth of streaming giants like Netflix, Disney and Amazon who are investing billions to create new TV series and films.
11.08.21 – PRESS – INSIDER MEDIA LTD Entrepreneur Jeremy Rainbird has been confirmed as the speaker at Insider’s upcoming Liverpool City Region Property Dinner. Seven years ago, he and business partner Piers Read launched The Creative District Company: an urban regeneration developer with studios and education at its heart. The duo are also behind the Oscar-winning Twickenham Film Studios facility via their Time + Space Studios’ network: a fast-growing family of film and TV campuses. Time + Space Studios is the anchor tenancy at Capital & Centric’s Littlewoods Studios, which won the Future Ambition Award at Insider’s 2020 Liverpool City Region Property Awards. Introduced last year, the Future Ambition Award recognises the project that is the most forward-looking and positions the Liverpool City Region for growth. Rainbird’s speech is expected to share his insight into the reasons for investing in Liverpool and what further opportunities this could unlock. The Liverpool City Region Property Dinner takes place
We see studios and learning as crucial components to the “clustering” process that ultimately creates jobs and delivers sustainable ecosystem to boost productivity and the local economy. Our proven approach to urban regeneration is grounded in the belief that the creative industries aligned with learning experience will significantly underpin the future of the UK economy. We are committed to bringing almost 1 million square feet of world-class studio complex online by 2024 to establish a brand new asset class in the real estate sector in the U.K. However this only solves one half of the dilemma facing the film and TV industry.
THE CREATIVE INDUSTRIES IS THE FASTEST GROWING SECTOR IN THE UK ECONOMY. GDP was 11% in 2018 and growing twice as far as any other industry. Our work responds to the burgeoning growth as well as a chronic lack of available film studio and production space in the U.K, where supply cannot match demand. The financial cost to the economy is £XXXb per annum*but has highlighted a growing skills gap that is getting worse as the demand intensifies. The other is a growing skills gap which explains why we invest heavily into tomorrow’s workforce to provide more skilled labour. All of our schemes include a dedicated Film & TV training academy in partnership with nationally recognised educational institutions with qualifications gained within a working studio environment.
A media and property entrepreneur with a reputation for creating and then operating high profile mixed-use developments in the UK. His company The Time + Space Co, the renowned specialist in urban regeneration projects, has advised developers on curating brand new creative neighbourhoods in Birmingham, Manchester and London. Piers’ more recent experience includes being Chief Executive of Wimbledon Film & TV Studios, which he founded in 2010 after successfully leading Panther PLC to acquire the former Merton Studios. That became the fastest growing complex in the UK market and in 2014 was voted as London’s leading independent studios complex. The property was sold in 2018 to Scottish Widows Property Investments for £18.8 million.
A entrepreneur with more than 24 years of experience in media including advertising, broadcast and production. Jeremy exited from Addiction Worldwide in 2012, after 15 years as CEO of the creative agency group he founded in 1998 at the age of 25. When he sold the business to the Mission Marketing Group PLC, Addiction was operating in two continents, with more than 100 staff and fee income in excess of £10 million a year. The business was the first UK IPA advertising agency to win CPD Gold in its inaugural year of membership and was honoured with being crowned ‘Media Employer of the Year’ in 2010