PWS.L Regulatory News (PWS)

4 Jul 2005 08:00

Pinewood Shepperton plc04 July 2005 4th July 2005 PINEWOOD SHEPPERTON PLC Board appointment of Sales and Marketing Director Pinewood Shepperton plc today announces that it has promoted the role of Salesand Marketing Director to the Board. Accordingly, Nick Smith, the current Salesand Marketing Director, has been appointed as a Board member. - ENDS - Enquiries James Olley/Dominic McMullan Brunswick 020 7404 5959 Notes to Editors: Nick Smith (43) joined Pinewood Studios in 2001 following appointments withLondon Weekend Television, Granada Media as marketing manager, United News andMedia as Business Development Director, ITV2 as Commercial Director andBEENZ.COM as European Director. Pinewood Shepperton is the leading European provider of studio and relatedservices to the film and television industries encompassing 34 stages, 8digital television studios, 14 sound theatres, production offices, workshops, anoutdoor paddock tank, an underwater filming stage and four backlots for setbuilding. Accommodation is provided to over 220 businesses which benefit frombeing located at Pinewood or Shepperton Studios. Film Stage Services Pinewood Shepperton derives income from the rental of its 34 stages for film andfilmed television production. Additional ancillary services such as art anddesign facilities, utilities, consumables, specialised workshops and productionoffices are also provided. Television and Sound Services Pinewood Television has two dedicated digital television studios, which wereintroduced during 2001 to diversify revenue streams. Since that date PinewoodTelevision has established itself as a recognised provider of digital television facilities and has played host to a cross section of majorproductions. On 1st April 2005 Pinewood Shepperton announced the acquisition ofthe business and assets of Teddington Studios with its 6 television studios.This represented an extension of the existing television and sound servicesbusiness. Pinewood Shepperton has 13 dedicated audio mixing and recording theatres and apreview theatre that offer a range of facilities. Customers have access to highspeed broadband secure networks which provide fast and reliable file transfer between the studios and global locations. Media Park Income Pinewood Shepperton hosts over 220 businesses at its three studios on leasearrangements ranging from six months to five years. These businesses aregenerally media related and view Pinewood Shepperton as a media community,providing them with a readily accessible market for their businesses. Thefacilities are also let to production companies on a flexible basis which givesrise to low vacancy rates. This information is provided by RNS The company news service from the London Stock Exchange