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Blackhall Studios Announces New Name and New $500 Million Investor

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variety.com

Gene Maddaus Senior Media WriterThe company formerly known as Blackhall Studios announced a new name and a new investor on Tuesday, as it pursues an ambitious construction agenda in Georgia, Los Angeles and the United Kingdom.The company — which was bought last year by Commonwealth Asset Management — will now go by Shadowbox Studios.

The company’s new investor is Silver Lake, the global private equity firm, which has agreed to put $500 million toward a $1.5 billion capital investment plan.Shadowbox has grown rapidly since its founding just five years ago.

Ryan Millsap launched the firm’s first production facility in Atlanta, where it was able to capitalize on Georgia’s 30% tax credit.

The first film to be shot there was “Godzilla: King of the Monsters,” and it also hosted “Venom” and “Jumanji: The Next Level.” Millsap announced expansion plans in the U.K.

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