Sky is to build a studios complex just north of London, creating 2,000 jobs and ramping up its battle with streaming services Netflix and Amazon Prime.
The pay-TV and broadband company that was bought by Comcast last year for £30bn has chosen Elstree, home to one of Britain’s oldest and largest film and television production sites, as the location for its new European hub.
The 32-acre studios, also equipped with a set construction workshop, production offices and a screening cinema, will have enough space to shoot several films or television series simultaneously. It is expected to open in 2022 and will help Sky achieve its previous commitment to double spending on original programmes to more than £1bn a year by 2024.
Gary Davey, chief executive